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Zillow Layoffs Amid Legal and Market Battles | Real Estate News

Zillow Layoffs Amid Legal and Market Battles | Real Estate News

Published 6 days, 20 hours ago
Description

Zillow just axed 500+ employees—its second major round this year—just as it prepares to unveil Q2 earnings, amid mounting legal and regulatory pressure. A dismissed class-action suit over alleged referral scheme violations could be refiled, while lawmakers push the FTC to investigate broker referral practices. The FTC is already suing Zillow over its Redfin deal, with trial looming, and Zillow’s also locked in a legal battle with Compass and Midwest Real Estate Data over listing access.

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