Redfin and Compass to Cut Jobs as Housing Market Slows

Econ & Housing

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%…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Western Forest Products to temporarily reduce lumber production by 20 million board feet in December
Captivate from AZEK and Russin
Railroads Wind Down Hazardous Shipments Amid Strike Risk
A tech rebound may be needed for a full market recovery. These are the stocks that could lead
Pros And Cons For A Stock Market Bottom