Redfin Layoffs 2025. The real estate brokerage firm redfin said on wednesday that it was laying off 13 percent of its work force, the company’s latest move to cut costs amid a slowing. Opendoor, the leading ibuying company, laid off 18% of its workforce earlier this month and reported a nearly $1 billion loss in the third quarter.
The layoffs primarily affected the real estate support department, but some executives were also let go. Redfin laid off 201 people on tuesday, the company confirmed to the real deal.
The Brokerage Said Employees Impacted By The Latest Round Of Layoffs Were Primarily In The.
The job cuts amount to 13% of redfin's workforce, the company announced in a regulatory filing redfin already laid off 470 employees in june, blaming slowing.
Then Compass, One Of The Nation’s Largest Residential Brokerages, Announced It’s Cutting 10% Of Its Workforce.
Redfin shareholders approved a lucrative executive compensation plan the same day it announced mass layoffs of nearly 500 workers.
Redfin Layoffs 2025 Images References :
The Brokerage Said In A Blog Post Wednesday That It Would Lay Off More Than 860 Workers, Roughly 13% Of Its Staff.
But months before this layoff, our.
The Layoffs Primarily Affected The Real Estate Support Department, But Some Executives Were Also Let Go.
First, redfin announced it’s laying off 8% of its staff.