Zillow

In late January, Zillow, the Seattle-based real estate giant, terminated approximately 200 employees for failing to meet performance expectations. This represents about 3% of its total workforce of 7,000. A company spokesperson clarified that these cuts were part of its standard annual review process and were not linked to market conditions or recent business developments. Despite the layoffs, Zillow is not shrinking; it has nearly 200 job openings and continues to invest in strategic roles. The company, which operates in the real estate technology industry, is preparing to release its annual earnings, with the market anticipating its first full-year profit since 2012.

Zillow on 2025-01-10.

Zillow, the prominent real estate technology company, laid off approximately two dozen employees in early November 2023, representing less than 1% of its total workforce. The cuts, described as part of ongoing resource-management efforts, affected multiple teams, with the recruiting department reportedly hit hardest. A company spokesperson framed the move as a limited restructuring to eliminate specific roles, noting these positions would be replaced by others, not necessarily reducing overall headcount. The layoffs followed Zillow's third-quarter earnings announcement, reflecting adjustments in its business operations within the competitive real estate tech industry.

In October 2022, Zillow, the Seattle-based online real estate marketplace, laid off approximately 300 employees, affecting about 5% of its then workforce of 5,791. The company described this as a difficult but necessary decision to shift resources toward key growth areas, particularly technology-related roles within its housing super-app strategy. The layoffs primarily impacted positions in Zillow Offer advisors, PA sales, and back-end staff at Zillow Home Loans and Zillow Closing Services. This move followed a larger workforce reduction in late 2021, when Zillow cut about 2,000 jobs after shutting down its iBuying service, Zillow Offers. The 2022 layoffs were part of a broader trend of workforce adjustments in the tech industry amid economic uncertainty.

Zillow laid off 2,000 employees representing approximately 25% of its workforce on 2021-11-02.