According to multiple employees, the CEO and founder of 'Build.com' is no longer with the company.

Action News Now confirmed with several employees that Chris Friedland, the founder of the tech company has been let go.

The Chico company started 17 years ago and grew to be an extremely successful online home improvement retailer.

Action News Now visited the 'Build.com' office in Chico, but was told the Chico office is unable to make a comment at this time.

Several employees confirmed Friedland had been released.

We talked to one 'Build.com' employee in Chico who told Action News Now that at 11 a.m. on Tuesday, his entire floor was called into a meeting.

The employee said the Chico office was told that CEO Chris Friedland was fired.

Forbes reported in 2015 that company sales totaled $525 million dollars.

Build.Com is an online retailer selling items ranging from bathroom appliances to kitchen and hardware equipment.

Employees were unable to confirm why Friedland was let go at this time.

Action News Now reached out to the CEO by email, but he has not sent a response.

We will continue to update you with more details as they come in.