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Real Estate Developers Layoffs

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CALIFORNIA | LOCAL
October 8, 1992 | JEFF PRUGH
Newhall Land & Farming Co., the largest holder of undeveloped land in the Santa Clarita Valley, has laid off 25 of its 200 employees, officials of the publicly held Santa Clarita-based developer announced. "It's strictly a result of the lingering recession," company spokeswoman Marlee Lauffer said. Newhall Land, which developed the master-planned community of Valencia in the 1960s and co-developed the Valencia Town Center regional shopping mall that opened Sept.
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CALIFORNIA | LOCAL
October 8, 1992 | JEFF PRUGH
Newhall Land & Farming Co., the largest holder of undeveloped land in the Santa Clarita Valley, has laid off 25 of its 200 employees, officials of the publicly held Santa Clarita-based developer announced. "It's strictly a result of the lingering recession," company spokeswoman Marlee Lauffer said. Newhall Land, which developed the master-planned community of Valencia in the 1960s and co-developed the Valencia Town Center regional shopping mall that opened Sept.
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