AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

KB Home lays off employees at Inland Valley office.

Inland Valley Daily Bulletin (Ontario, CA)

| June 08, 2006 | (Hide copyright information)Copyright

Byline: Mason Stockstill

Jun. 8--In a sign of the cooling housing market, KB Home has laid off nearly a tenth of its work force at its Inland Valley office, officials said Wednesday.

The company let go 25 of the 275 employees in its Pomona office, said KB Home spokesman Ray Gomez.

"It's a normal part of the business cycle," Gomez said. "The past few years have been red hot in the Inland Valley in terms of new home construction. The market is normalizing now, and the staffing levels have been adjusted."

The move by the Los Angeles-based home builder comes amid difficult times for the residential construction industry.

Several …

Related articles from newspapers, magazines, journals, and more
Inland Valley Daily Bulletin, Calif., David Allen column.
News wire article from: Knight Ridder/Tribune Business News February 25, 2005 700+ words
Inland Valley Daily Bulletin, Calif., Business People Column.
News wire article from: Inland Valley Daily Bulletin (Ontario, CA) April 8, 2002 700+ words
Inland Valley Daily Bulletin, California, Business People Column.
News wire article from: Inland Valley Daily Bulletin (Ontario, CA) March 24, 2002 700+ words
Inland Valley Daily Bulletin, Calif., business briefs column.
News wire article from: Inland Valley Daily Bulletin (Ontario, CA) September 16, 2004 700+ words
Inland Valley Daily Bulletin, Calif., business briefs column.(Column)
News wire article from: Inland Valley Daily Bulletin (Ontario, CA) January 23, 2007 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily