Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates (Mary Ann Azevedo/TechCrunch)
Mary Ann Azevedo / TechCrunch:
Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates — Says Redfin CEO: 'I said we wouldn't lay people off unless we had to. We have to.' — The housing market has taken a huge hit …
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Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates (Mary Ann Azevedo/TechCrunch)
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June 14, 2022
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