Zillow confirms more layoffs amid housing-market slowdown

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Biden economy.

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:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines