Redfin, Zillow and round of layoffs

Redfin to lay off 450 employees after inking new rentals partnership with Zillow Group
This story originally appeared on Real Estate News. While a new listings partnership between Redfin and Zillow is
Redfin to lay off 450 employees in its rental division
The layoffs come after Redfin and Zillow announced a deal to syndicate Zillow rental listings on Redfin’s rental sites.
Seattle-based Redfin to lay off hundreds as it partners with Zillow
Zillow's deal with Redfin to become the exclusive provider of multifamily rental listings will result in hundreds of laid-off Redfin employees.
Redfin to cut 450 jobs after rental deal with Zillow
Redfin laid off 46 employees in January, the same time Zillow laid off about 125 employees. Redfin also laid off fewer than 100 employees in August. The company generated $278 million in revenue during the third quarter, up 3% year over year. Its quarterly net loss was $33.8 million, up from $19 million during the third quarter of 2023.
Redfin plans to lay off 450 employees
Seattle-based Redfin will be laying off about 450 employees because of a new partnership with Zillow. In a Securities and Exchange Commission (SEC) filing, the company said it plans to restructure its rentals business.
Seattle-based Redfin to lay off 450 employees after new deal with Zillow
More layoffs are on the way for Seattle-based Redfin after the company announced a new partnership with Zillow. In a Securities and Exchange Commission (SEC) filing earlier this month, Redfin said it plans to restructure its rentals business as it will license listings with more than 25 units from Zillow,
Redfin announces Zillow partnership, 450 layoffs
Brokerage cited restructuring amid a $100 million partnership with Zillow to syndicate the platform’s rental listings.
Zillow’s Rentals Business Buoys Prospects, Even as Outlook Hits Shares
Zillow’s outlook has taken a hit from a persistently challenging housing market, but its longer-term prospects remain ...
Zillow reports Q4 revenue of $554M, up 17%; inks deal with Redfin to boost growing rentals business
Zillow Group reported $554 million in revenue for its fourth quarter, up 17% year-over-year, topping analyst estimates.
HousingWire2d
Zillow is still in the red, but its major revenue streams are rising
Zillow announced Tuesday that it will be the exclusive provider of multifamily listings on Redfin, Rent.com and ...
Redfin to cut 450 jobs after entering rental content license with Zillow
Redfin (RDFN) will license listings  for multifamily rental properties with more than 25 units from Zillow (Z) (ZG) to be ...
Zillow CEO doubles down on remote work as company vacates more offices
As Amazon and JPMorgan bring employees back to the office full time, Zillow has taken the opposite approach. The ...