The real estate website housing will lay off 200 employees this month. The laying off will be across departments including product, marketing and operations.

The move is being made so as to meet the cost cutting targets set by the shareholders.[source]

Earlier, the company had laid off 600 employees so as to focus on its technology and product. The company currently employs 1,960 employees.

Newsletter

Hello World.

NextBigWhat brings you well curated wisdom, news and actionable insights.

In a world where algorithms are deciding what you read (and learn), we bring a holistic view on product and growth – curated by the experts, enabling you to learn from the knowledgable sources and save time in discovering them.