Real estate marketing and technology company MoxiWorks has conducted layoffs, affecting multiple employees including a former director and a software engineer, as confirmed by their LinkedIn posts in July 2024. The cuts come just a month after the appointment of a new CEO with an AI startup background, signaling a strategic shift. While the exact number of employees laid off and the percentage are not disclosed, the company is a significant player in the proptech industry, serving over 800 brokerages and 400,000 agents nationwide. The layoffs appear to be part of broader organizational changes following the leadership transition.
