Redfin to lay off 450 employees

Redfin to lay off 450 employees after inking new rentals partnership with Zillow Group
This story originally appeared on Real Estate News. While a new listings partnership between Redfin and Zillow is
Seattle-based Redfin to lay off hundreds as it partners with Zillow
Zillow's deal with Redfin to become the exclusive provider of multifamily rental listings will result in hundreds of laid-off Redfin employees.
Redfin plans to lay off 450 employees
Seattle-based Redfin will be laying off about 450 employees because of a new partnership with Zillow. In a Securities and Exchange Commission (SEC) filing, the company said it plans to restructure its rentals business.
Seattle-based Redfin to lay off 450 employees after new deal with Zillow
More layoffs are on the way for Seattle-based Redfin after the company announced a new partnership with Zillow. In a Securities and Exchange Commission (SEC) filing earlier this month, Redfin said it plans to restructure its rentals business as it will license listings with more than 25 units from Zillow,
Redfin to cut 450 jobs after rental deal with Zillow
The layoffs are tied to Redfin and Seattle-based competitor Zillow Group Inc. 's (Nasdaq: ZG) partnership on rental listings, which the companies announced Tuesday. "The departing employees will be eligible for severance and continued health-insurance support,
Redfin announces Zillow partnership, 450 layoffs
Brokerage cited restructuring amid a $100 million partnership with Zillow to syndicate the platform’s rental listings.
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