CEO Marvin Ellison

Lowe’s Cutting Thousands of U.S. Store Jobs

Lowe’s Co. is laying off thousands of employees at its U.S. stores as it outsources some of their duties to outside companies. The home-improvement chain, based in Mooresville, North Carolina, declined to say exactly how many employees were affected. But The Wall Street Journal reported that thousands of employees were told this week that their jobs were eliminated, which the…