KKTV - Economy - Headlines

Home Depot Inc. Cuts 7,000 Jobs

By: KKTV/AP
By: KKTV/AP

The Home Depot Inc. says it's cutting 7,000 jobs and closing its smaller Expo chain as the recession continues to batter the nation's housing market.

The nation's largest home improvement retailer says the cuts announced Monday morning will affect about 2 percent of its work force.

A news release sent out by Home Depot Inc. stressed that the layoffs do not affect "orange box" Home Depot stores and no Home Depot employees will lose their jobs.

The plan calls for the Atlanta-based retailer will close its 34 Expo Design Centers, five YardBIRDS stores, two Design Center stores and a bath remodeling business that has seven locations. Those stores will close in the next two months.

No stores and no employees in Colorado are being affected by these layoffs and closures.

The following Expo and YardBIRDS stores will close:

EXPO

Arizona:
Scottsdale (7000 East Mayo Blvd, Phoenix, AZ 85054)

California:
Anaheim 1011 (N Tustin Avenue, Anaheim, CA 92807)
Dublin (7050 Amador Plaza Rd, Dublin, CA 94568)
Emeryville (1555 40th Street, Emeryville, CA 94608)
Encinitas (1550 Leucadia Blvd, Encinitas, CA 92024)
Huntington Beach (6912 Edinger Ave, Huntington Beach, CA 92647)
Laguna Niguel (25600 Rancho Niguel Rd, Laguna Niguel, CA 92677)
Westwood Village (10861 Weyburn Avenue, Los Angeles, CA 90024)
Monrovia (407 W Huntington Dr, Monrovia, CA 91016)
Redondo Beach (1519 Hawthorne Blvd, Redondo Beach, CA 90278)
Roseville (1120 Galleria Blvd, Roseville, CA 95678)
San Diego (7803 Othello Avenue, San Diego, CA 92111)
San Jose (5095 Almaden Expressway, San Jose, CA 95118)

YardBIRDS
California:
Concord (5424 Ygnacio Valley Road, Concord, CA 94521)
Petaluma (2000 Lakeville Hwy, Petaluma, CA 94954)
San Pablo (13901 San Pablo Avenue, San Pablo, CA 94806)
San Rafael (1801 4th Street, San Rafael, CA 94901)
Alamo (3211 Danville Blvd., Alamo, CA 94507)


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