Layoffs

Opendoor Lays Off 300 After $78M Third Quarter Loss

Opendoor lays off 300 after $78M third quarter loss

iBuyer executed third major round of cuts in as many years

Redfin Lays Off Dozens of Workers as Housing Market Stalls

Redfin lays off dozens of workers as housing market stalls

Seattle brokerage loses $28M in Q2, a 2% increase from the same quarter a year ago

Commercial brokerages trim payroll and diversify to stem losses

Commercial brokerages trim payroll and diversify to stem losses

Fewer transactions result in smaller staff and a search for “resilient” income streams