Zillow Layoffs

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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.

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