Tag: layoffs

The online rental search company is said to be “right-sizing” amid a changing market

The company plans an 8 percent reduction in its workforce following a market slowdown

The brokerage plans to eliminate 10 percent of full-time positions—not agents

The company also announced plans to cut back on expansion

The company has also confirmed plans to dial back expansion efforts

In an e-mail sent to employees, CEO Guy Gal announced plans for a 10 percent reduction in team

The mortgage lender infamously cut 900 staff in December via Zoom and 3,000 more staff last month

The home lender also announced plans to pause on a public offering

The latest cut follows last year’s disastrous—and now viral—lay off of 900 employees in a group Zoom meeting

CEO Vishal Garg has issued an apology following the now viral clip