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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.