Monday, October 20. 2008

Geofave Zillow Cuts 25% of Employees

We in geoland love them, users love them, agents have mixed feelings. The "zestimate your home value site" is widely popular and well-funded, though it's still not making money. Just this week it announced a quote API and earlier this month it enhanced its social features with a professional directory.
And, by week's end the company announced a reduction in force of 25%, about 40 staffers. The company was not alone: Redfin, real estate search site announced a 20% cut.

If you want to keep up with tech company cuts during this economic crisis TechCrunch offers a Layoff Tracker.

Posted by Adena Schutzberg at 06:00 | Comments (0) | Trackbacks (0) |

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