The U.S. Small Business Administration (SBA) has announced plans a 43% workforce reduction. In a statement, the SBA said it was enacting a “strategic reorganization will begin a turnaround for the agency by restoring the efficiency of the first Trump administration,...
The union representing employees at the Federal Housing Administration (FHA) is claiming the agency’s workforce could be one of the next targets of the Trump administration’s mass layoffs within the Executive Branch. In an interview with CNBC, Antonio Gaines,...
Redfin (NASDAQ: RDFN) is planning to cut 450 employees following its new rental listings partnership with Zillow (NASDAQ: Z, ZG). The Seattle-based company did not release a press statement on the layoffs but instead buried the news in a filing with the Securities and...
Redfin (NASDAQ: RDFN) laid off 46 employees in a new round of job cuts. The Seattle-headquartered company, which employs more than 4,000 people, confirmed the layoffs in a statement to GeekWire, explaining the impacted employees were “primarily managers in our...
Fintech mortgage lender Better.com has abruptly shut down its real estate business. According to a TechCrunch report, the company laid off its entire real estate division on June 7 and will shift operations from an in-house agent model to a partnership agent model....
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
