Zillow to exit its home buying business, cut 25% of staff - NewsBreak
By Suzana in Business
Updated 2 years ago
(CNN) — Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25% reduction in its staff. In its quarterly earnings report on Tuesday, the company said it will see a total write-down of more than $540 million as a result of...