WCI Communities announced it is laying off employees nationwide due to a slowdown in home building. While official numbers were not released, it is speculated that approximately 400 employees will be laid off, and perhaps 40 or so in the Fort Myers arrea.
WCI Communities is known for building communities such as Gateway, Gulf Harbour, Pelican Landing, Pelican Bay, Pelican Sound, and Wildcat Run. Current communities include Tiburon, Tuscany Reserve, The Colony, The Seasons, and others.
Company forecasts are for a slower year for new home sales. Only 3 towers will be released for sale instead of the anticipated 11.