Real EstateDE

McMakler Layoffs

July 2022

McMakler announced a layoff affecting 90 employees in July 2022. The company operates in the Real Estate sector.

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People Affected

90

Announced Date

Jul 26, 2022

Company Information

Industry
Real Estate
Country
DE
Region
Berlin, Non-U.S.
Last Updated: Apr 18, 2026

About

Berlin-based proptech startup McMakler, considered a future unicorn, laid off at least 90 to 120 employees in late July 2022, shortly after a large company-wide summer party. The layoffs, primarily affecting HR and finance roles, along with non-renewed contracts and reduced internships, impacted roughly 10-12% of its workforce of about 1,000. Company leadership internally cited the tense real estate market and broader economic changes as reasons, stating the need for early cost control despite being a growth company. The sudden move surprised employees, even amidst existing expectations for austerity measures.

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