REPORT: Home Depot downsizing installed services
Retailer is exiting roofing, siding, insulation and gutter services.
The Home Depot is eliminating several of its installed services program the company has deemed as underperforming.
According to reports by The Street and The Atlanta Business Chronicle, the move impacts about 1,000 employees and involves a shutdown of the retailer’s roofing, siding, insulation and gutters installation programs.
The decision includes employees in California, Florida, Georgia, New England and Wisconsin. A thread on TheLayoff.com is dedicated to The Home Depot exiting a portion of its services.
Some employees are expected to be moved to other departments within The Home Depot. Overall, the company employs more than 450,000 people.
The Atlanta-based retailer provides a number of installed services programs including flooring, countertops, electrical work, bathroom remodeling, windows and doors, electrical work, and handyman services, among others.
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