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Office Depot Layoffs Signal Shift from Paper Clips to IT Services

May 15, 2020

Pandemic compels office-supply retailer to focus more on CompuCom managed services division

Office Depot is joining the growing list of retailers laying off large swaths of its workforce as COVID-19 keeps its stores shuttered and distribution centers idle. The bright spot, though, is its managed services unit, CompuCom, which is doing relatively well and could prove to be a lifeboat in choppy post-pandemic waters.