Second Take: Behind Compass’ pay cuts

Tech and growth departments spared the belt-tightening, firm is still recruiting agents

When layoffs don’t do the trick, it’s time to take a hard look at compensation. It’s something thousands of companies in the U.S. have had to do in recent weeks. And it’s no different for Compass, except that the SoftBank-backed residential brokerage is still actively recruiting agents.

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The Real Deal‘s Hiten Samtani caught up with senior reporter E.B. Solomont to discuss her scoop on the cuts and where the firm goes from here.