Home Depot Cuts Jobs, Orders Staff to Office 5 Days a Week

Home Depot Inc. is cutting jobs across several teams and requiring corporate staff to return to the office, as the world’s largest home-improvement retailer contends with a slowdown in business caused by the frozen housing market.

The company is eliminating roles associated with its store support center and mandating a five-day in-office schedule for corporate workers, a spokesman confirmed to Bloomberg News. The goal is to drive “greater agility” and help the retailer move faster, the company spokesman said.