Proptech firm Remine lets 42 sales employees go in strategic move

Inman reports that Remine has made redundant 42 members of its sales team 

Remine, the proptech firm that deals with data and analytics has recently laid off a number of their sales staff in what they say is a "strategic decision to double down" on its MLS business.

Inman's Jim Dalrymple wrote in his article that, Remine's CEO Leo Pareja used LinkedIn to announce the layoffs, saying that the company was terminating the employment of 42 members of the sales team, adding that it was “the most painful day at Remine since the idea first popped into our heads.”

“These positions were focused on the ‘up sell’ of our agent product, and that is no longer reflective of our company’s overall strategy to serve as a partner of the MLS,” Pareja added of the terminated jobs. “Even though they no longer have a home at Remine, the people who worked in these sales roles did everything right.”

The company also announced that it was restructuring its leadership, with Pareja transitioning from CEO to President and CFO Mark Schacknies taking over as Chief Executive.

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