ProBuild eliminated 127 corporate positions at its Denver headquarters on Tuesday in a move a company spokesperson said was taken to better align its business practices and create more efficiency.
Cuts were made across the board and the company spokesman was unable to confirm what specific departments were affected. Senior vice president manufacturing Lonnie Bernardoni was the biggest name included in the cuts.
The move comes three months after a memo circulated by newly appointed CEO Robert Marchbank said the company would spend three months, beginning in mid-March, “reviewing what resources will be needed going forward to support the business.”
It is just the latest move at the nation's largest lumberyard chain which saw total sales drop 6% from 2010 to 2011. Last July, former CEO Bill Myrick stepped down less than two weeks after the company dissolved its regional offices and restructured itself into three groups focusing on metropolitan, smaller local, and specialty markets. In March of this year, the company announced further realignment and restructuring of its leadership and support staff.