ASX-listed home builder Simonds Group cut a further 10 per cent of its staff on Tuesday in response to falling sales volumes – its second headcount reduction in seven months – but sought to draw a line between itself and failed builder Porter Davis, which went under last week.

Melbourne-based Simonds, which raised $25.2 million from shareholders late last year to give it working capital, will cut 70 staff, many in operational roles, as the company works its way through the stimulus-induced workbook of the past two years, chief executive Rhett Simonds said.