Redfin laid off 46 headquarters, programs and field operations staff on Thursday. This is the 2nd round of layoffs in the past 6 months, with the previous round impacting 85 Redfin Concierge staff
Redfin CEO Glenn Kelman said Tuesday on CNBC that as sales continue to decline, the company will need to cut costs strategically and respond to economic challenges one day at a time
Opinion
Recent headlines have been filled with news of layoffs, but look closer. The companies where layoffs are occurring are wholly unrepresentative of the real estate industry and don't represent a major trend
Opinion
Laughing and cheering at the expense of others, whether those others are real estate professionals losing their jobs or celebrities embroiled in abusive situations, has no place in this industry
Redfin follows Compass as second major industry player to lay off hundreds of employees. The move is expected to impact over 500 Redfin employees in agent and support roles