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Layoffs

Agents & Brokers

Large Real Estate Firms Reduce Workforce as Homebuying Demand Cools

Tyler Williams -
During the first quarter of 2020, the median home price in America declined from $329,000 to $322,600 by the start of April. The pandemic...
PropTech

Widespread Tech Layoffs and Hiring Slowdowns: Could They Have Been Avoided?

Vivian Tejada -
Fintech and proptech startups raised a collective $163.5 billion in 2021. In 2022, they’re leading the way in the number of global layoffs—make it...
PropTech

Better.com Moves Forward With SPAC Despite Legal Issues and SEC Probe

Rochelle Heath-Harris -
Legal woes threaten Better.com’s very existence, but denial surrounding the trouble they're in comes as they continue to move forward with their SPAC merger...
PropTech

Real Estate Firms Compass and Redfin and More Announce Layoffs

Lara Popeck -
With the real estate market cooling off and the economy slowing down, real estate companies are starting to make changes. In filings with the...
PropTech

Lawsuit by Former Employee Brought Against CEO of Better.com

Rochelle Heath-Harris -
From Vishal Garg's claim-to-fame Zoom call laying off over 900 employees 2 weeks before Christmas, to making headlines several times for several consecutive rounds...
PropTech

Better.com Layoffs Stir Up More Controversy

Rochelle Heath-Harris -
Technically, I could start out by saying "I told you so," but I won't. I have been covering Better's progress - or lack thereof...
PropTech

Blend Labs Lays Off Significant Workforce

Rochelle Heath-Harris -
A New York-based digital mortgage lender, Blend Labs, laid off 10% of its workers due to the changing climate of the housing market, and...
PropTech

Better.com Starts Round Four of Layoffs

Rochelle Heath-Harris -
A Fourth Round? Better.com Better Figure it Out Quick Tsk-tsk-tsk. As predicted, Better.com seems to be on the slippery slope of demise. We've all heard...
PropTech

Better.com Offers Voluntary Separation To Emplyees

Rochelle Heath-Harris -
Almost unbelievable, Better.com now has more similar issues with layoffs to contend with. We've reported on the company and its toxic co-founder and CEO,...
PropTech

Better Butterfingers Another Layoff 

Rochelle Heath-Harris -
After last month's layoff that came when CEO Garg returned, and after their poor handling of the last mass layoff of 900+ employees on...
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