Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into homebuying demand. Compass said it will ...

June 14 (Reuters) - Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into homebuying demand.

CNN — Mortgage rates are climbing, home sales are dropping and some of the nation's largest real estate companies are announcing layoffs. Redfin said it cut about 8% of its employees and Compass said ...

Software company Salesforce cut hundreds of jobs this week, according to reports. The company confirmed the layoffs in an email. “Our sales performance process drives accountability," a Salesforce ...

SEATTLE--(BUSINESS WIRE)--More than two in five (44%) American workers are delaying or canceling a major purchase like a home or car due to their feelings about job security. An additional 30% have ...

“We’re losing many good people today, but in order for the rest to want to stay, we have to increase Redfin’s value,” he wrote. “We owe it to everyone who has invested your time or treasure in this ...

Redfin is set to shutter its home-flipping business and reduce its workforce by 13%, laying off 862 employees. About 264 of the job cuts will be directly related to the shutdown of RedfinNow, the ...

Redfin has added a new tool to its arsenal aimed at helping home buyers and renters assess a potential neighborhood. Opportunity Score is a rating that measures the number of jobs within a 30-minute, ...

June 14 (Reuters) - Real estate brokers Compass Inc (COMP.N), opens new tab and Redfin Corp (RDFN.O), opens new tab said on Tuesday they will cut jobs as rising mortgage rates and the prospect of ...

Shares of Redfin Corp. dropped 3.7% toward a record low in midday trading Tuesday, after the real estate brokerage disclosed a decision to lay off 470 employees, or about 6% of its workforce. The ...