Zillow Says It's Closing Home-Buying Business and Cutting 25% of Workforce; Earnings Miss Estimates - NewsBreak

Zillow said it's winding down its home-buying unit called Offers, which competes with Opendoor. The company said it's cutting 25% of its workforce in eliminating the unit. Zillow also reported disappointing third-quarter results. Zillow, the digital real estate company,...