Layoff Watch ’10: KB Home Offers Denver Accounting Department a Free Trip
To Phoenix. If you’re not interested, well that’s probably TFB.
In a cost-cutting move, builder KB Home (KBH) said Thursday it is consolidating its two accounting and administrative services centers into one Phoenix office.
The Los-Angeles based builder said it will move the Denver operation to Arizona during the next few months. The Phoenix office will manage accounting-related operations for its 30 markets nationwide.
The builder, one of the nation’s largest, did not say how much money will be saved.
Some of the 66 affected Denver-based employees will be offered positions in Phoenix.
KB Home Consolidates Accounting Centers [Dow Jones]