What % got layed off? And was it contracted workers or FTE too?
Email says both contract and FTE and involved most teams.
I remember when I interviewed there years ago a recruiter literally asked why I deserve the comp I was asking (this was before blind and levels.fyi. Even Glassdoor didn’t exist then).
But why house price still solid.
JPow will come for that post mid-terms. The everything asset bubble will eventually pop
The site/service started in 1995, way before Redfin and Zillow. Yet the latter two are often more popular. In fact Zillow has way more traffic compared with realtor. Basically a slow down in Resudential real estate is bad news for all of them
They're being tight lipped to employees about what % were laid off. Which makes me feel like it was a lot.
I'd be surprised if the cuts were very big. Redfin's layoffs were 8%, but their business is based almost entirely on real estate commissions, which have taken a big hit in recent months. Realtor.com makes money mostly on ads and marketing and its financials were solid for the last quarter. Let us know if someone shares layoff numbers!
According to before/after count of David's directs on workplace, looks like around 10%.
Were tech folks laid off too?
yes, there are data scientists and engineers were laid off...
I just got a call from them for a DS role.. damn
News to me. Never heard of this company before.