RE/MAX lays off 7% of staff in reorg
Housing Wire
AUGUST 21, 2023
Denver -based real estate giant RE/MAX announced that it was laying off 7% of its staff on Friday. According to the company’s filing with the Securities and Exchange Commission , layoffs were part of a reorganization, which RE/MAX said is “intended to streamline the Company’s operations and yield cost savings over the long term.” The filing stated that RE/MAX expects the reorganization to be substantially complete by the end of the quarter.
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