Compass to Cut About 10% of Workforce Amid US Housing Slowdown

(Bloomberg) — Real estate brokerages Compass Inc. and Redfin Corp. are cutting their workforces as rising interest rates cool a US housing market that reached a frenzy during the pandemic.Most Read from BloombergCompass will lay off about about 10% of its workforce while Redfin will cut about 6%, the companies said in regulatory filings Tuesday….