Realtor.com is the latest real estate company to begin downsizing amid the market turn.
According to Inman, who reviewed an internal e-mail sent to Realtor.com teammembers, leadership announced yesterday that it has “reduced” its workforce.
“On behalf of our leadership team, I wanted to let you know that today we have taken the difficult step of reducing our workforce,” CEO David Doctorow told employees in an email on Thursday. “While we are aware [of] some partners and competitors in our industry have made similar decisions in recent months, that does not make choosing this course any easier.”
Realtor.com has not responded to request on how many positions were eliminated.