Multifamily rents in the U.S. dropped by $2 in June to $1,457, following a four-month trend of declining rents, according to Yardi Matrix’s June 2020…
Posts published in “layoffs”
Additionally, nearly half of Airbnb hosts reported that they don’t currently feel safe renting out properties, according to a survey by IPX1031. Source: Inman News
The company has laid off 25 percent of its staff and cut all other salaries by approximately 15 percent. Source: Inman News
Matterport for iPhone is poised to make the 3D imaging company’s technology accessible to more real estate professionals, and it comes amid surging interest in…
Compass is cutting staff salaries across the board a month after laying off roughly 15 percent of its staff. The move comes at the same…
Several former employees took to LinkedIn to announce Matterport had laid them and others off due to the coronavirus pandemic. Source: Inman News
Executives at the company are taking salary reductions in an effort to reduce company expenses as home sales across the country slow. Source: Inman News
The company announced it’s also laying off 7 percent of its staff in an SEC filing. Source: Inman News
In a blog post on its website, the company framed the layoffs as necessary in order to complete its pivot to becoming a multiple listing…