The layoffs will involve full-time employees, not agents, and come as the housing and stock markets experience a major shift.
Source: Inman News
Compass to cut workforce by 10% amid worsening economy
Published in Anywhere, Brokerage, compass, Industry News, Markets & Economy, Modus Technologies, realogy, recession, robert reffkin, Select, shifting market and the agency
More from AnywhereMore posts in Anywhere »
- Engel & Völkers’ CEO: ‘We’re focused on culture over indiscriminate scale’
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Here are the stories you missed amid the Compass coverage
- Here’s the essential reading on the Compass-Anywhere deal
- Where the industry stands on the Compass-Anywhere deal: Top 5
More from BrokerageMore posts in Brokerage »
- MLS PIN wins final settlement approval in Nosalek case
- Success is how I promote change within the Hispanic community
- Engel & Völkers’ CEO: ‘We’re focused on culture over indiscriminate scale’
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Here are the stories you missed amid the Compass coverage
More from compassMore posts in compass »
- Engel & Völkers’ CEO: ‘We’re focused on culture over indiscriminate scale’
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Here are the stories you missed amid the Compass coverage
- Here’s the essential reading on the Compass-Anywhere deal
- Where the industry stands on the Compass-Anywhere deal: Top 5
More from Industry NewsMore posts in Industry News »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Here are the stories you missed amid the Compass coverage
- Another brokerage just hit a major agent-count milestone
- Fathom’s share price rebounds after $5.4M offering closes
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
More from Markets & EconomyMore posts in Markets & Economy »
- Is the mortgage lock-in effect ending? These numbers offer clues
- Pending home sales jumped 4% in August in positive market signal
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Here are the stories you missed amid the Compass coverage
- Former agent convicted of swindling woman out of her home
More from realogyMore posts in realogy »
More from recessionMore posts in recession »
- Why is the Fed cutting interest rates — and what happens next?
- Will Gary Keller’s real estate recession prediction come true? The Download
- Gary Keller, Opendoor stock, one broker’s TikTok: Inman’s Top 5
- Smart financial planning tips to protect your real estate income
- Lower mortgage rates get a few more homebuyers off the fence
More from robert reffkinMore posts in robert reffkin »
- Here’s the essential reading on the Compass-Anywhere deal
- Where the industry stands on the Compass-Anywhere deal: Top 5
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Here’s why indies are stoked about the Compass-Anywhere deal
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
More from SelectMore posts in Select »
- MLS PIN wins final settlement approval in Nosalek case
- Success is how I promote change within the Hispanic community
- Better Mortgage seizes the day on Wall Street with $75M raise
- Is the mortgage lock-in effect ending? These numbers offer clues
- Pending home sales jumped 4% in August in positive market signal
More from shifting marketMore posts in shifting market »
More from the agencyMore posts in the agency »
Be First to Comment