Greg Spencer | April 08, 2020 | Real Estate, People on the Move
Zillow co-founder Spencer Rascoff has given up his seat on the company’s board of directors just over a year after he resigned as CEO. Rascoff handed in his resignation on April 6 and it took effect the next day, according to a regulatory filing. “Mr. Rascoff’s...
Jonah Kay | April 07, 2020 | Real Estate, Marketplaces, Financials / Deals
Shopee, the dominant marketplace in Southeast Asia, will team up with Malaysian property developer Gamuda Land to host real estate listings on its platform. Under the new agreement, all of Gamuda Land’s listings will be available on the site. Users can browse...
Greg Spencer | April 07, 2020 | Real Estate, Financials / Deals
Real estate brokerage Redfin has laid off 7% of its staff, including 41% of its salaried agents, in an effort to blunt the financial impact of the Covid-19 crisis. The news was disclosed Tuesday in a regulatory filing. The layoffs likely affected at least 500 staff,...
Andrzej Sowula | April 07, 2020 | Real Estate, Recruitment
Polish media groups Agora and Wirtualna Polska Media (WP) will lay off staff at their recruitment and bookings sites as the sectors continue to feel the impact of the ongoing epidemic. Agora announced group layoffs at its recruitment site GoldenLine.pl and a salary...
Andrzej Sowula | April 07, 2020 | Automotive, Real Estate
United Classifieds, which manages classified sites for Ringier Axel Springer Slovakia, has launched a support program for real estate agents and car sellers. The program, called “We Help You,” was launched in response to the Covid-19 crisis, which has...
Tariq Ahmed Saeedi | April 06, 2020 | Automotive, Real Estate, Recruitment
Japanese marketplaces are reacting to the Covid-19 crisis by adjusting their services, even as they show restraint in drawing conclusions on the pandemic’s impact on their balance sheets. Among developed nations, Japan has been the least-affected by the...
