Real estate firms Compass and Redfin announce layoffs as housing market slows

Econ & Housing

A Redfin Corp. ‘For Sale’ sign stands outside of a home in Seattle, Washington.David Ryder | Bloomberg | Getty ImagesReal estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop.In filings with the Securities and Exchange Commission, Compass announced a 10% cut to its workforce, and Redfin…

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