Zillow to close Zillow Offers, cut 25 percent of staff

Zillow to close Zillow Offers, cut 25 percent of staff
Zillow Group announced during its third-quarter earnings report that it will shutter Zillow Offers, the company’s iBuying service in which Zillow acts as the primary purchaser and seller of homes. The wind-down of Zillow Offers is expected to take several quarters and will include a reduction of a quarter of Zillow’s workforce. Read on for more.
Source: thetitlereport.com