The U.S. real estate portal company Zillow has enacted a round of redundancies among its staff.
According to reports from Real Estate News, the company confirmed that "roughly a couple of dozen" employees have lost their jobs as part of a normal restructuring procedure.
Zillow follows the real estate 'power buyer' Orchard and several West Coast tech firms including Google and Snap that have recently laid off employees as economic headwinds continue to impact businesses.
Zillow made around 2,000 job cuts in 2021 when it shuttered its iBuying business and followed up in 2022 with several smaller rounds of cuts in 2022. This latest news is the first serious round of job losses at the Seattle-based company since then.
Online Marketplaces has contacted Zillow for comment and will update this article as and when we receive a response.
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