January 18, 2017 / 1:32 AM / 8 months ago

BRIEF-Lowe's Companies to layoff about 2,400 employees

Jan 17 (Reuters) - Lowe’s Companies Inc

* Small percentage of employees will not be continuing with the company

* Layoffs impacts less than 1% of workforce, approximately 2,400 employees

* Over next 3 years, expect to spend $3.6 billion in capital, including plans for 15 to 20 new stores per year, create about 4,000 store-level jobs Further company coverage:

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