Lowe's has cut approximately 600 corporate and support positions as part of a strategic pivot towards its professional customer segment, confirmed by the retailer on Friday. The layoffs, targeting back-office functions rather than retail staff, represent just under 1% of its 300,000 global workforce. The company stated this reduction allows it to focus on frontline operations while maintaining agility in the dynamic home improvement market. These cuts come weeks before Lowe's fourth-quarter earnings report and follow a recent acquisition spree, including the $8.8 billion purchase of Foundation Building Materials in October. The strategic shift aligns with management's plans for future store openings, signaling a reallocation of resources towards growth areas despite the immediate workforce reduction.