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Residential real estate firm Compass plans layoffs, citing economic uncertainty

Residential real estate firm Compass plans layoffs, citing economic uncertainty

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Residential real estate firm Compass plans layoffs, citing economic uncertainty
Residential real estate firm Compass plans layoffs, citing economic uncertainty
Residential real estate firm Compass plans layoffs, citing economic uncertainty
Residential real estate firm Compass plans layoffs, citing economic uncertainty
bizjournals bizjournals | 1 year ago
The company is also pausing all expansion plans, as well as any mergers and acquisition efforts, through the at least the end of the year.
The company is also pausing all expansion plans, as well as any mergers and acquisition efforts, through the at least the end of the year.
Real estate giant Compass cuts 10% of staff, citing market conditions
Real estate giant Compass cuts 10% of staff, citing market conditions
Real estate giant Compass cuts 10% of staff, citing market conditions
Real estate giant Compass cuts 10% of staff, citing market conditions
bizjournals bizjournals | 1 year ago
The move comes as Seattle-based Redfin also cut 6% of its total workforce, or roughly 470 employees.
The move comes as Seattle-based Redfin also cut 6% of its total workforce, or roughly 470 employees.
Real estate giant Compass cuts 10% of staff, citing market conditions
Real estate giant Compass cuts 10% of staff, citing market conditions
Real estate giant Compass cuts 10% of staff, citing market conditions
Real estate giant Compass cuts 10% of staff, citing market conditions
bizjournals bizjournals | 1 year ago
The move comes as Seattle-based Redfin also cut 6% of its total workforce, or roughly 470 employees.
The move comes as Seattle-based Redfin also cut 6% of its total workforce, or roughly 470 employees.
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...
Residential real estate brokerage Compass begins year two in Kansas City with opening of second offi...
Residential real estate brokerage Compass begins year two in Kansas City with opening of second offi...
Residential real estate brokerage Compass begins year two in Kansas City with opening of second offi...
Residential real estate brokerage Compass begins year two in Kansas City with opening of second offi...
bizjournals bizjournals | 1 year ago
Rhonda Basler, head of operations for Kansas City, said Compass now has 225 agents in the Kansas City area. One year ago, the brokerage started out with about 30 local agents.
Rhonda Basler, head of operations for Kansas City, said Compass now has 225 agents in the Kansas City area. One year ago, the brokerage started out with about 30 local agents.
No. 2 KC residential real estate firm merges with Texas agency
No. 2 KC residential real estate firm merges with Texas agency
No. 2 KC residential real estate firm merges with Texas agency
No. 2 KC residential real estate firm merges with Texas agency
bizjournals bizjournals | 1 year ago
Kansas City's second-biggest residential real estate agency will merge with a Dallas-based firm that has a big national presence โ€” closing $21.5 billion in sales volume last year. Combined, the company will have about 20,000 agents.
Kansas City's second-biggest residential real estate agency will merge with a Dallas-based firm that has a big national presence โ€” closing $21.5 billion in sales volume last year. Combined, the company will have about 20,000 agents.
KC residential real estate firm with Wichita office merges with Texas agency
KC residential real estate firm with Wichita office merges with Texas agency
KC residential real estate firm with Wichita office merges with Texas agency
KC residential real estate firm with Wichita office merges with Texas agency
bizjournals bizjournals | 1 year ago
Kansas City's second-biggest residential real estate agency will merge with a Dallas-based firm that has a big national presence โ€” closing $21.5 billion in sales volume last year. Combined, the company will have about 20,000 agents.
Kansas City's second-biggest residential real estate agency will merge with a Dallas-based firm that has a big national presence โ€” closing $21.5 billion in sales volume last year. Combined, the company will have about 20,000 agents.
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.
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.ย  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.ย  Seattle-based Redfin and New...
What An Economic Downturn Means for Real Estate Investments
What An Economic Downturn Means for Real Estate Investments
What An Economic Downturn Means for Real Estate Investments
What An Economic Downturn Means for Real Estate Investments
Business & Economy Website Business & Economy W... | 1 year ago
Thereโ€™s a lot of talk these days about economic cycles, particularly recessions. Iโ€™ve noticed that many people assume that with an economic downturn, real estate will get hit as hard [โ€ฆ]
Thereโ€™s a lot of talk these days about economic cycles, particularly recessions. Iโ€™ve noticed that many people assume that with an economic downturn, real estate will get hit as hard [โ€ฆ]