Seattle-based brokerage Redfin has begun the year by laying off 46 employees, including managers in its headquarters, program, and field leadership roles. No agents were part of the layoffs, a spokesperson told GeekWire, which broke the news Thursday a… Continue reading
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. Continue reading
Recent headlines have been filled with news of layoffs, but look closer, writes author and executive Joe Rand. The companies where layoffs are occurring are wholly unrepresentative of the real estate industry and don’t represent a major trend. Continue reading
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, says Jay Thompson. Continue reading
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. Continue reading