Jun 14, 2022
Compass to Cut About 10% of Workforce Amid US Housing Slowdown
(Bloomberg) -- Real estate brokerage Compass Inc. plans to cut about 10% of its workforce as the housing market starts to cool from its pandemic frenzy.
The layoffs account for about 450 employees, according to a person familiar with the matter who asked not to be named citing private information. A Compass spokesperson declined to comment. Compass stock trading was halted for pending news.
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