Redfin and Compass to Cut Jobs as Housing Market Slows

Redfin will reduce the number of employees by about 470 while Compass will eliminate about 450 positions. Courtesy Compass Citing conditions in the economy and housing market, real estate companies Redfin and Compass both said they will cut their workforces. Redfin (ticker: RDFN) said in a blog post on Tuesday that they have asked 6%…