National
HomeLight lays off a fifth of its workers, weeks after raising $60M
The recent string of real estate-industry layoffs continued Wednesday, with staffers at proptech unicorn HomeLight the latest victims. The...
layoffs
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National
JPMorgan Chase adds to mortgage industry layoffs
Employees in the mortgage business have been confronted by serious job insecurity in recent weeks. Workers at one of...
Zumper slashes 15% of staff
Zumper, an online rental startup recognized last year as a top employer on multiple best-of lists, cut 15 percent of its approximate 300-person staff last Friday, The Real Deal has learned. The majority of...
National
Compass, Redfin cut hundreds of employees amid cooling market
Layoffs hit the brokerage world Tuesday, with Compass and Redfin announcing they were cutting hundreds of employees amid a...
National
Short-term rental startup Sonder cuts staff 20% after poor public debut
Sonder, the short-term rental startup whose shares have plummeted more than 80 percent since it went public in a...
National
Mr. Cooper cuts 5% of staff amid lender layoff wave
Mr. Cooper has falled in line with a dismal trend set off by rising mortgage rates. The Dallas-based loan...
Hilton Times Square to close permanently
The Hilton hotel in Times Square is closing its doors permanently. The 478-room hotel at 234 West 42nd Street disclosed its plans to permanently shutter in a filing with the New York State Department...
Core lays off staffers, slashes pay
UPDATED, April 24, 2020, 2:55 p.m.: Over the past few weeks, as rival brokerages enacted furloughs and pay cuts, Core employees continued to work full-time for full pay. Some hoped that the Related Companies’...
National
American carnage: Trump Org hotels, golf courses have laid off over 1K employees
As the coronavirus pandemic pummels the hospitality industry nationwide, the Trump Organization’s resorts and golf courses have not been...
Soho House furloughs majority of global workforce
Soho House, the luxury hotel and members-only club, has joined the plebeian ranks of hospitality firms besieged by furloughs...