AGBeat » cold winter http://agbeat.com News, insights, tools, and inspiration for business owners and professionals Fri, 10 Feb 2012 02:21:03 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Redfin Lays off 20% of Workforce http://agbeat.com/real-estate-news-events/redfin-lays-off-20-of-workforce/ http://agbeat.com/real-estate-news-events/redfin-lays-off-20-of-workforce/#comments Tue, 14 Oct 2008 00:12:24 +0000 Benn Rosales http://agentgenius.com/?p=5672 A Very Tough Day… …says Redfin’s Glenn Kelman Today Redfin laid off roughly 20% of our employees. Unlike other startups, our industry’s recession started a year ago, when home prices first plunged. Since then, we’ve fought like starving animals, and with some success: while industry-wide transaction volumes dropped 33%, we grew revenues by nearly 50%. Traffic grew more than 300%. [...]
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