Following its acquisition of rival Valspar, Cleveland paint manufacturer Sherwin-Williams is laying off 195 full-time sales representatives nationwide, including 30 in Cornelius and Davidson.
A Sherwin-Williams spokesman said the affected workers were responsible for servicing the paint departments in Lowe’s stores. Now that the two companies have merged, the combined company only needs one person servicing each home-improvement store.
The spokesman noted that the decision to lay off the sales representatives who service the Lowe’s stores has nothing to do with Lowe’s itself.
Sherwin-Williams announced its intention to buy Valspar in March 2016, and completed the $11.3 billion deal on June 1, 2017.
According to the Worker Adjustment and Retraining Notification Act (WARN) notice filed with the N.C. Commerce Department this week, the layoffs will occur through June 25. Affected workers will receive a comprehensive benefits and outplacement package, the spokesman said.
The bulk of the workers laid off are sales service representatives, according to the WARN. A sales director, national account manager and a national accounts director and divisional sales manager were also laid off.