1/19 Regency Homes layoffs: 26
January 19, 2008
Regency Homes has dismissed 26 employees as Iowa’s largest home builder attempts to weather a slump that has settled in on the housing industry.
Harold Brandt, hired last month by the West Des Moines contracting firm to serve as its chief restructuring officer, said the cuts reached across the company, from clerical staff to supervisors.
Brandt said the cutbacks came after a review of all operations at Regency, which also builds and manages apartments and operates a commercial construction business.
Entry Filed under: Manufacturing, Mortgage. Tags: Iowa, layoffs, Mortgage Crisis, Regency Homes, Subprime.
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