Compass cuts salaries and admin staff hours
The move comes at the same time the company continues to add new agents, even during a market slowdown
by Patrick Kearns Apr 22
Matterport quietly lays off employees amid pandemic
Several former employees took to LinkedIn to announce Matterport had laid them and others off due to the coronavirus pandemic
by Marian McPherson Apr 16
EXp Realty lays off 15% of staff amid market slowdown
Executives at the company are taking salary reductions in an effort to reduce company expenses as home sales across the country slow
by Patrick Kearns Apr 8
Redfin is furloughing 41% of its real estate agents
The company announced it's also laying off 7% of its staff in an SEC filing
by Patrick Kearns Apr 7
Airbnb-backed startup Lyric sacks staff, shutters locations amid virus
The boutique hotel has fired a majority of its 100-person staff and plans to close 400 units in 10 locations
by Marian McPherson Mar 25
Compass lays off 15% of staff amid coronavirus 'economic standstill'
CEO Robert Reffkin said Monday in a letter that COVID-19 has created 'one of the most challenging and uncertain moments in our lifetimes'
by Jim Dalrymple II Mar 23
blue exit sign
In a blog post on its website, the company framed the layoffs as necessary in order to complete its pivot to becoming a multiple listing service vendor
Compass shuffles support staff, anticipates dozens of layoffs
A Compass source told Inman the company still has no current plans for an IPO, although it's not off the table
by Patrick Kearns Jan 27
Purplebricks with shattered windows
The embattled brokerage notified authorities it will eliminate 55 employees and 68 independent sales agents
by Patrick Kearns Jul 29
Remine lays off two-thirds of sales staff a month after raising $30M
The data and analytics firm laid off 42 sales team members
by Jim Dalrymple II Mar 22
Closed business sign
It was a tough year for startups that specialized in crowdfunding, website design and other services
by Jim Dalrymple II Dec 28
Anadarko Petroleum lays off 1,000 amid energy industry concerns
Anadarko sheds workers as oil slump drones on
by Kimberley Sirk Mar 15
To slump or not to slump? Houston housing market tepid, but not collapsing
A variety of professionals weigh in on the Houston housing market
by Kimberley Sirk Jan 22
Mortgage jobs up at nonbank lenders, down at large banks
Quicken biggest recruiter, Citi biggest loser, according to Mortgage Employment Index
by Amy Tankersley Mar 25
Commentary: Don't expect miracle fix after presidential election
by Lou Barnes Apr 6