Zillow confirms more layoffs amid housing-market slowdown

Canada News News

Zillow confirms more layoffs amid housing-market slowdown
Canada Latest News,Canada Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Zillow confirmed more layoffs Wednesday, as the real-estate services company grapples with a slowdown in the housing market.

Zillow Group Inc. confirmed more layoffs Wednesday, as the real-estate services company grapples with a slowdown in the housing market.

“This week, we’ve made the difficult — but necessary — decision to eliminate a small number of roles and will shift those resources to key growth areas around our housing super-app,” a Zillow spokesperson said. “We’re still hiring in key technology-related roles across the company.” Earlier this year, Zillow said it expected to cut its workforce by 25% this year as it unwound its disastrous home-buying business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These are the 10 most affordable housing markets for homebuyers, according to ZillowThese are the 10 most affordable housing markets for homebuyers, according to ZillowZillow analyzed 100 of the largest housing markets in the U.S. This small town in Pennsylvania got buyers the best bang for their buck, it found.
Read more »

Zillow reportedly laying off 300 workersZillow reportedly laying off 300 workersA spokesperson for the company said Zillow is still hiring in 'key technology-related roles.'
Read more »

A Climate Activist Group in Germany Splattered a $110 Million Monet Painting With Mashed PotatoesA Climate Activist Group in Germany Splattered a $110 Million Monet Painting With Mashed PotatoesThe Letzte Generation group said they undertook the action to draw attention to climate change.
Read more »

Yeshiva University launches 'traditional' alternative to LGBTQ student groupYeshiva University launches 'traditional' alternative to LGBTQ student groupThe university said the new queer club, Kol Yisrael Areivim, will be an 'approved traditional Orthodox alternative' to its current LGBTQ student group, the YU Pride Alliance.
Read more »

San Jose police say group of racing cars cause roll-over collisionSan Jose police say group of racing cars cause roll-over collisionSan Jose police said a group of racing cars lost control Sunday night causing a roll-over collision. The crash likely left one man with major injuries, officials said.
Read more »

This one stock stands out when looking at key data from the FAANG+ groupThis one stock stands out when looking at key data from the FAANG+ groupIn a very different landscape from the end of 2021, one appears to offer a good combination of low valuation and high growth.
Read more »



Render Time: 2025-03-01 04:33:09