Redfin and Compass lay off a combined 900+ employees as mortgage interest rates continue to climb – TechCrunch
Says Redfin CEO: ‘I said we wouldn’t lay people off unless we had to. We have to.’ The housing market has taken a huge hit this year as mortgage interest rates have surged and homeowners scale back on purchases. The latest casualties in the proptech world are Redfin and Compass, which both announced layoffs today…