Por: Associated Press Life November 10, 2022
WASHINGTON (AP) — Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another casualty of two-decade high interest rates stoked by the Federal Reserve’s fight against inflation.The job cuts amount to 13% of Redfin’s workforce, the company announced in a regulatory filing. Redfin also , blaming slowing home sales.Redfin has slashed more than a quarter of its workforce... + full article
CBS News USA Business November 10, 2022
The layoff bug that's is also infecting the real estate industry, with Redfin announcing it will ax 862 jobs this week.That figure represents 13% of Redfin's workforce, the real estate data company said in an posted on its website. About 264 of the jobs being cut are... + más
Redfin to cut another 13% of workforce, shutter RedfinNow | ABC News
Redfin to cut another 13% of workforce, shutter RedfinNow | Associated Press
The Boston Globe USA Business November 10, 2022
Real estate brokerage firm Redfin said Wednesday that it was laying off 13 percent of its workforce, the company’s latest move to cut costs amid a slowing housing market.Glenn Kelman, Redfin’s chief executive, sent an e-mail to employees Wednesday morning announcing the... + más
Redfin lays off 862 employees as housing market cools | CBS News
Orlando Sentinel USA Business November 10, 2022
Real estate brokerage firm Redfin said Wednesday that it was laying off 13% of its workforce, the company’s latest move to cut costs amid a slowing housing market. Glenn Kelman, Redfin’s CEO, sent an email to employees Wednesday morning announcing the latest round of firings... + más
Business Insider USA Business November 09, 2022
The real-estate company Redfin announced on Wednesday that it would lay off 862 staffers, or 13% of its workforce as it sees the housing contraction lingering into 2023.Of the cuts, 264 of those are related to the company's home-flipping business, RedfinNow, which it will... + más
ABC News USA Business November 09, 2022
WASHINGTON -- Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another casualty of two-decade high interest rates stoked by the Federal Reserve's fight against inflation.The job cuts amount to 13% of... + más
CNN USA Business November 09, 2022
CNN Business — Redfin is set to shutter its home-flipping business and reduce its workforce by 13%, laying off 862 employees. About 264 of the job cuts will be directly related to the shutdown of RedfinNow, the company’s instant buying, or , business in which it... + más
MarketWatch USA Business October 09, 2022
In May and June, the typical buyer was putting down $66,000, Redfin said But that number has cooled slightly since. Redfin also said that the typical U.S. homebuyer who took out a mortgage in July 2022, made a $62,500 down payment. That’s still up 13.6% from a year ago. And... + más
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