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More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450

More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450

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More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450
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More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450
More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450
More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450
More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450
nationalmortgageprofessional nationalmortgageprof... | 1 year ago
Industry News More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450 David Krechevsky Jun 14, 2022 Downturn in housing industry cited; Compass also winding down Modus Technologies Inc. The recent dramatic changes in the state of the housing industry has claimed more jobs.  Seattle-based Redfin and New...
Industry News More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450 David Krechevsky Jun 14, 2022 Downturn in housing industry cited; Compass also winding down Modus Technologies Inc. The recent dramatic changes in the state of the housing industry has claimed more jobs.  Seattle-based Redfin and New...
Redfin to lay off 470 employees, citing market conditions
Redfin to lay off 470 employees, citing market conditions
Redfin to lay off 470 employees, citing market conditions
Redfin to lay off 470 employees, citing market conditions
bizjournals bizjournals | 1 year ago
"With May demand 17% below expectations, we don’t have enough work for our agents and support staff," CEO Glenn Kelman said in a message to employees.
"With May demand 17% below expectations, we don’t have enough work for our agents and support staff," CEO Glenn Kelman said in a message to employees.
Redfin to lay off 470 employees, citing market conditions
Redfin to lay off 470 employees, citing market conditions
Redfin to lay off 470 employees, citing market conditions
Redfin to lay off 470 employees, citing market conditions
bizjournals bizjournals | 1 year ago
"With May demand 17% below expectations, we don’t have enough work for our agents and support staff," CEO Glenn Kelman said in a message to employees.
"With May demand 17% below expectations, we don’t have enough work for our agents and support staff," CEO Glenn Kelman said in a message to employees.
Compass and Redfin make cuts amid volatile market
Compass and Redfin make cuts amid volatile market
Compass and Redfin make cuts amid volatile market
Compass and Redfin make cuts amid volatile market
housingwire housingwire | 1 year ago
Compass and Redfin each instituted layoffs Tuesday as economic conditions worsened. The next few days will be telling. The post Compass and Redfin make cuts amid volatile market appeared first on HousingWire.
Compass and Redfin each instituted layoffs Tuesday as economic conditions worsened. The next few days will be telling. The post Compass and Redfin make cuts amid volatile market appeared first on HousingWire.
Compass and Redfin announce layoffs amid slowing home sales
Compass and Redfin announce layoffs amid slowing home sales
Compass and Redfin announce layoffs amid slowing home sales
Compass and Redfin announce layoffs amid slowing home sales
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'The Exchange' to report on real estate companies laying off workers amid slowing home sales.
CNBC's Diana Olick joins 'The Exchange' to report on real estate companies laying off workers amid slowing home sales.
Compass, Redfin to cut workforces amid U.S. housing slowdown
Compass, Redfin to cut workforces amid U.S. housing slowdown
Compass, Redfin to cut workforces amid U.S. housing slowdown
Compass, Redfin to cut workforces amid U.S. housing slowdown
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Real estate brokerages Compass Inc. and Redfin Corp. are cutting their workforces as rising interest rates cool a U.S. housing market that reached a frenzy during the pandemic.Compass will lay off about about 10% of its workforce while Redfin will cut about 6%, the companies said in regulatory filings Tuesday. Bloomberg News reported the Compass layoffs earlier. For Compass, those cuts total about 450 employees and will contribute to an estimated $21.5 million to $23 million in costs before ta...
Real estate brokerages Compass Inc. and Redfin Corp. are cutting their workforces as rising interest rates cool a U.S. housing market that reached a frenzy during the pandemic.Compass will lay off about about 10% of its workforce while Redfin will cut about 6%, the companies said in regulatory filings Tuesday. Bloomberg News reported the Compass layoffs earlier. For Compass, those cuts total about 450 employees and will contribute to an estimated $21.5 million to $23 million in costs before ta...
Real estate firms Compass and Redfin announce layoffs as housing market slows
Real estate firms Compass and Redfin announce layoffs as housing market slows
Real estate firms Compass and Redfin announce layoffs as housing market slows
Real estate firms Compass and Redfin announce layoffs as housing market slows
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop. In filings with the Securities and Exchange Commission, Compass announced a 10% cut to its workforce, and Redfin announced an 8% cut. Shares of both companies fell Tuesday. Redfin's stock touched a new 52-week low. Rising rates and overheated home prices, which are now up over 20% from a year ago according to various surveys, have crushed affordability. Home sales have been dropping f...
Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop. In filings with the Securities and Exchange Commission, Compass announced a 10% cut to its workforce, and Redfin announced an 8% cut. Shares of both companies fell Tuesday. Redfin's stock touched a new 52-week low. Rising rates and overheated home prices, which are now up over 20% from a year ago according to various surveys, have crushed affordability. Home sales have been dropping f...
More Wells layoffs, LoanDepot cuts, Better's SEC probe and more mortgage news you may have missed
More Wells layoffs, LoanDepot cuts, Better's SEC probe and more mortgage news you may have missed
More Wells layoffs, LoanDepot cuts, Better's SEC probe and more mortgage news you may have missed
More Wells layoffs, LoanDepot cuts, Better's SEC probe and more mortgage news you may have missed
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Also: LendingTree denies it’s the source of a data breach affecting 200,000
Also: LendingTree denies it’s the source of a data breach affecting 200,000
Redfin brokerage sheds DFW office space amid national layoffs, volatile housing market
Redfin brokerage sheds DFW office space amid national layoffs, volatile housing market
Redfin brokerage sheds DFW office space amid national layoffs, volatile housing market
Redfin brokerage sheds DFW office space amid national layoffs, volatile housing market
bizjournals bizjournals | 1 year ago
Seattle-based residential real estate brokerage Redfin is downsizing its office space in Dallas-Fort Worth, shedding more than 22,000 square feet at Hall Park in Frisco after hundreds of layoffs nationally amid a volatile housing market.
Seattle-based residential real estate brokerage Redfin is downsizing its office space in Dallas-Fort Worth, shedding more than 22,000 square feet at Hall Park in Frisco after hundreds of layoffs nationally amid a volatile housing market.
JPMorgan Chase Reducing Its Mortgage Staff
JPMorgan Chase Reducing Its Mortgage Staff
JPMorgan Chase Reducing Its Mortgage Staff
JPMorgan Chase Reducing Its Mortgage Staff
nationalmortgageprofessional nationalmortgageprof... | 1 year ago
Industry News JPMorgan Chase Reducing Its Mortgage Staff David Krechevsky Jun 23, 2022 Company will layoff, reassign workers from its consumer lending business. JPMorgan Chase & Co. said Wednesday it was laying off some employees and reassigning others in its mortgage business, citing inflation and rising ...
Industry News JPMorgan Chase Reducing Its Mortgage Staff David Krechevsky Jun 23, 2022 Company will layoff, reassign workers from its consumer lending business. JPMorgan Chase & Co. said Wednesday it was laying off some employees and reassigning others in its mortgage business, citing inflation and rising ...