One reason for Zillow’s job cuts: dropping brokerage licenses

18 Nov 2008

Why did Zillow lay off 25 percent of its staff in October (as we reported here)? A partial answer may be that the company has decided to relinquish its brokerage licenses in all but two U.S. states, thus cutting at least one cost center.

Zillow spokesperson Amy

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.