News: Housing.com to lay-off 600 employees in next 3 months

Recruitment

Housing.com to lay-off 600 employees in next 3 months

Realty portal Housing.com plans to lay off at least 600 employees in the next three months, as it steps up focus on its core technology and product and tightens its cash burn, according to several people familiar with developments at the company.

Realty portal Housing.com plans to lay off at least 600 employees in the next three months, as it steps up focus on its core technology and product and tightens its cash burn, according to several people familiar with developments at the company. "Housing is being completely restructured and performance for each employee across departments is being (scrutinised)," said a top executive at the company, which in July fired cofounder and former CEO Rahul Yadav for bad behaviour.

Read Economic Times full report here.

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Topics: Recruitment, #Corporate, #Jobs

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