ImproveNet, a national home improvement service, announced a restructuring effective March 29, 2002, which included the closure of its service center in Ft. Lauderdale, Fla. Customer service operations are now handled out of the company's headquarters in Redwood City, Calif.
The restructuring resulted in a 45 percent cut of the total workforce, including Chief Financial Officer Mike Santiago. The company had previously reported a 2 percent decrease in 2001 revenues.