home depot inc hd disclosed that it cut its overall workforce by 28 in the fiscal year ended jan 30 2022 while increasing the number of salaried employees by 199 in the home improvement retail giants 10k annual report filed with the securities and exchange commission late wednesday the company said it had 490600 employees at the end of fiscal 2021 including 42800 salaried employees with 891 of total employees located in the us that follows a total workforce of 504800 including 35700 salaried employees at the end of fiscal 2020 and a total workforce of 415700 including 29500 salaries employees at the end of fiscal 2019 in comparison rival lowes companies low total workforce fell 9 to 200000 while fulltime employees increased 40 to 140000 the challenges associated with hiring and increased payrollrelated costs in the current environment were highlighted by a statement in the fiscal 2021 10k that wasnt in the fiscal 2020 10k our values also guide our efforts to create an environment that will help us attract and retain skilled associates in the competitive marketplace for talent home depots stock which rose 01 in morning trading has tumbled 235 year to date while lowes shares have shed 146 and the dow jones industrial average djia has slipped 50