Zillow confirms layoffs affecting ‘a small number of roles’
A spokesperson said roughly two dozen people were laid off across multiple teams as part of Zillow’s ongoing resource-management efforts.
Just a week after announcing its third-quarter earnings, Zillow has confirmed a recent round of layoffs.
What happened? Several former Zillow employees shared personal news of their abrupt departure from the Seattle-based company across social media channels in the last week, signaling that there may have been a round of layoffs at the top real estate home search site. While a Zillow spokesperson told Real Estate News that the cuts were limited in scope, the company's recruiting team appeared to be the hardest hit.
Who was affected? Economist Jeff Tucker, who has spoken with Real Estate News for numerous stories, was just one of the people affected. A recruiter who had been with the company for two years said on LinkedIn that 23 people on her team were cut.
How many people were laid off? While Zillow did not provide an exact number, a spokesperson confirmed to Real Estate News that there were some employees laid off recently, indicating that the total number of those affected was "roughly a couple dozen total," or less than 1% of the company.
What did Zillow say? "As part of our normal business process, we evaluate and responsibly manage our resources. We recently made the difficult decision to restructure teams and eliminate a small number of roles in limited areas," a Zillow spokesperson said, adding that the layoffs were not necessarily cuts in total headcount and that the jobs that were eliminated would be replaced by other roles.
"We made the transition as smooth as possible for those impacted, and are grateful to these employees for their contributions to Zillow."