More layoffs have hit the real estate and mortgage industries, this time with Side Inc. confirming another round of staff were released last week. This time, however, the market slowdown wasn’t directly to blame.
According to Inman, Side laid off an unannounced number of staff as a “result of planned technology advancements that have increased our efficiency, as well as consideration of the broader macroeconomic climate.”
The company confirmed that virtually no impact was made to product, engineering or agent growth teams.
The move follows this Summer’s announcement that 10 percent of the Side team was laid off.