Report: Office Depot Looks to Narrow Work Force
Delray Beach, Fla. Office Depot said it is trying to reduce its 2,000-employee work force at its Delray Beach headquarters through a voluntary separation program, according to the South Florida Business Journal.
Brian Levine, a spokesman for Office Depot, said severance is being offered to salaried and hourly employees at the company's headquarters. He said Office Depot does not have a specific number of jobs targeted for elimination.
"With the economic environment that Office Depot and many other companies are facing, we believe it is imperative that we take prudent steps to cut expenses while we continue to manage the business for both growth and profitability," Levine said.
The company did not release details of the severance package.