Recent News and Discussions About Real Estate Layoffs
What Real Estate Layoffs Tell Us About The Housing Market
https://www.newsweek.com/what-real-estate-lay-offs-tell-us-about-housing-market-1716425
Jun 16, 2022 — Seattle-based Redfin has announced it’s laying off eight percent of its staff, around 470 people, while residential brokerage company Compass, …
Real estate job cuts: Redfin and Compass announce layoffs
https://www.cnn.com/2022/06/15/homes/compass-redfin-layoffs/index.html
Jun 15, 2022 — Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are announcing layoffs .
Real Estate Companies Are Laying Off Staff Right And Left
https://www.thestreet.com/investing/compass-redfin-staff-layoffs-real-estate
Jun 15, 2022 — Both Redfin and Compass announced that they would be making significant staff layoffs .
Redfin and Compass Lay Off Workers Amid Housing Decline
https://www.nytimes.com/2022/06/15/business/real-estate-brokers-lay-off-agents-amid-clear-signals-of-a-housing-downturn.html
Jun 15, 2022 — The real estate brokerages Compass and Redfin are laying off employees, a sign that the housing market is cooling as higher interest rates …
June Jobs Report Reveals Impact Of Layoffs On Real Estate …
https://www.inman.com/2022/07/08/june-jobs-report-reveals-impact-of-layoffs-on-real-estate-industry/
7 days ago — Fears of impending recession and a spate of prominent layoff announcements put only a moderate damper on real estate hiring last month.
The Real Estate Companies Making Layoffs in 2022 So Far
https://www.inman.com/2022/06/03/from-better-to-worse-real-estate-companies-making-layoffs-so-far/
Jun 3, 2022 — With a few exceptions, the employee layoffs have so far largely been confined to companies providing mortgages and mortgage-related services …
Layoffs hit crypto and real estate tech particularly hard this week
Layoffs hit crypto and real estate tech particularly hard this week
Jun 17, 2022 — It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices.
HomeLight lays off 19% of workforce – RealTrends
Jun 29, 2022 — Just days after announcing another $115 million in financing, San Francisco real estate company HomeLight announced a layoff of 19% of its …
Real estate firms lay off hundreds as home sales tumble
Jun 15, 2022 — Two national real estate brokerages announced layoffs this week as home sales tumble amid rising mortgage rates, with one firm warning …
Housing market layoffs: JP Morgan cuts staff … – Deseret News
https://www.deseret.com/utah/2022/6/23/23180248/us-housing-market-jp-morgan-jpmorgan-chase-layoffs-hundreds-cyclical-changes-mortgage-rate
Jun 23, 2022 — Other major real estate companies including Redfin and Compass have also recently announced layoffs as the U.S. housing sales drop and …
Frequently Asked Questions
Who is the first to go during layoffs?
Is Redfin laying off employees?
Are mortgage layoffs coming?
The nonbank lending giant unveiled a three-year restructuring plan in July in which it expects to cut its workforce to 6,500 employees by the end of this year from a high of 11,300 staff in 2021.
What are signs layoffs are coming?
- There are budget restraints. …
- There’s a merger or acquisition. …
- There’s a hiring freeze. …
- The company’s business isn’t going in the right direction. …
- There are other layoffs happening in your industry. …
- Update your resume consistently. …
- Log your achievements. …
- Keep up to date with your network.