Posts Tagged ‘Home Depot

09
Jan
09

Home Depot Has Rollbacks

As the economy gets worse and worse, cutbacks are taking place all across the nation, like at Home Depot who famously were very supportive of America’s Olympian athletes. Unlike most professional athletes, many Olympians are forced to shoulder the load of the cost of training and equipment on their own, which can be quite the burden. Home Depot for years has helped with that load by providing part-time jobs to athletes and providing them with full-time salaries and benefits. The athletes have rewarded Home Depot (and the country) by winning 145 medals since Home Depot began this program. Reportedly, the expenses come to about $15-20 million a year for Home Depot and they are being forced to shutter the program. Hopefully some other corporation will come up with an equivalent offer for these athletes but right now many of them are going to be scrambling to figure out how to pay for their training and equipment.

[WSJ]




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