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Redfin, Zillow
Redfin to lay off 450 employees after inking new rentals partnership with Zillow Group
While a new listings partnership between Redfin and Zillow is expected to benefit both companies in the long run, it comes at a cost for some Redfin employees. In an SEC filing ahead of its fourth-quarter earnings report,
Seattle-based Redfin to lay off hundreds as it partners with Zillow
Zillow's deal with Redfin to become the exclusive provider of multifamily rental listings will result in hundreds of laid-off Redfin employees.
Redfin plans to lay off 450 employees
Seattle-based Redfin will be laying off about 450 employees because of a new partnership with Zillow. In a Securities and Exchange Commission (SEC) filing, the company said it plans to restructure its rentals business.
Seattle-based Redfin to lay off 450 employees after new deal with Zillow
More layoffs are on the way for Seattle-based Redfin after the company announced a new partnership with Zillow. In a Securities and Exchange Commission (SEC) filing earlier this month, Redfin said it plans to restructure its rentals business as it will license listings with more than 25 units from Zillow,
Redfin to cut 450 jobs after rental deal with Zillow
The layoffs are tied to Redfin and Seattle-based competitor Zillow Group Inc. 's (Nasdaq: ZG) partnership on rental listings, which the companies announced Tuesday. "The departing employees will be eligible for severance and continued health-insurance support,
Redfin announces Zillow partnership, 450 layoffs
Brokerage cited restructuring amid a $100 million partnership with Zillow to syndicate the platform’s rental listings.
2d
on MSN
Zillow reports Q4 revenue of $554M, up 17%; inks deal with Redfin to boost growing rentals business
Zillow Group reported $554 million in revenue for its fourth quarter, up 17% year-over-year, topping analyst estimates. The ...
2d
Zillow CEO doubles down on remote work as company vacates more offices
As Amazon and JPMorgan bring employees back to the office full time, Zillow has taken the opposite approach. The ...
16h
Living Single: The Singles Tax Tops $7,500 A Year, Zillow Report Finds
According to a new report by Zillow, living single as a renter puts you at a significant financial disadvantage. Here's what ...
4h
Zillow CEO Champions Work From Home: We See 'Four Times The Number Of Job Applicants'
Zillow Group Inc remains a proponent of work-from-home, with its CEO citing success with their CloudHQ model and increased ...
2d
on MSN
Zillow’s Rentals Business Buoys Prospects, Even as Outlook Hits Shares
Zillow’s outlook has taken a hit from a persistently challenging housing market, but its longer-term prospects remain ...
2d
Zillow's Mixed Quarter: Analysts See Strong Execution But Caution On 2025 Guidance
Zillow Group, Inc. (NASDAQ:ZG) shares are trading lower after the company reported mixed results on Tuesday. The company ...
2d
ZG Earnings: Zillow Stock Zips Down as 2025 Guidance Misses
Zillow Group (ZG) stock fell sharply in after-hours trading and continued weaker in today’s premarket session after the ...
3d
Zillow Beat Earnings Expectations. The Stock Fell.
Sales are on the rise at Zillow Group But it wasn’t enough for investors, who sent the stock falling after the market closed ...
17h
Zillow Group (NASDAQ:Z) Price Target Raised to $95.00
Zillow Group (NASDAQ:Z – Free Report) had its target price increased by Deutsche Bank Aktiengesellschaft from $90.00 to ...
3d
on MSN
Zillow Revenue Grows but Outlook Collides With Subdued Housing Market
Zillow Group posted fourth-quarter revenue growth and projected gains would continue despite challenges including high ...
3d
Zillow stock retreats after delivering below-consensus Q1 guidance, as revenue, EBITDA fall in Q4
Zillow Group (Z) (ZG) slid 6.1% in Tuesday after-hours trading after the company delivered Q1 2025 guidance for revenue and ...
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