MEMPHIS, Tenn. – ServiceMaster Co. has laid off 65 employees and eliminated another 40 vacant positions in a restructuring of its headquarters that began Wednesday, Feb. 5.
The total number of positions – 105 – amounts to 8 percent of the headquarters staff and is a result of the spin-off of ServiceMaster’s TruGreen division as a separate company.
TruGreen became a company independent of ServiceMaster with the closing of the spin-off deal Jan. 14. ServiceMaster leaders had struggled to bring the commercial and residential lawn care service back to profitability.
TruGreen lost 300,000 customers in two years despite several turnaround efforts, including an overhaul of sales methods and in-office practices, across the administrations of three ServiceMaster CEOs in 2.5 years.
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