Housing has shutdown its Bangalore office and has laid off 65 employees.
Housing.com earlier laid off 200 employees and is also rumored to have laid off 600 employees in August. Most of these layoffs have happened in engineering and operations team (for Bangalore, it was the land property team).
For Housing, the focus is primarily on driving sales and widen its presence in the booming home-buying segment in India. In Nov 2015, Housing appointed Jason Kothari as the new CEO and Silicon Valley veteran, Mani Rangarajan as the new CFO.
Housing is also in talks with Snapdeal and NewsCorp for a potential deal.
Update : Housing has reverted to us that the company is not shutting down its Bangalore office, but has instead moved to a new location.
