Pulte to ax nearly 1,900 jobs

After downsizing, builder to employ only 300 in Mich.

Pulte Homes Inc., in the latest major downsizing by a Michigan-based company, announced late Tuesday that it was cutting about 16 percent of its work force, or nearly 1,900 jobs.

The Bloomfield Hills-based company, one of the nation's largest and most successful homebuilders, has been hit hard by the nation's slumping housing market.