The Home Depot Inc.

Publication date: 02/25/2008

The Home Depot announced recently a 10 percent layoff at its Atlanta headquarters. Roughly 500 of the 5,000 employees here were told by their managers that they would be let go as the company responds to the national chill in homebuilding and a slowing of the overall economy. The company declined to be specific about the types of jobs being cut, but said the impact would be across the organization. Home Depot is one of the nation's largest retailers, specializing in home-building supplies and material for do-it-yourselfers. Home Depot has roughly 350,000 employees.