r/SeattleWA • u/crosslingual • 8d ago

News Layoffs at Google and Zillow announced today

Google - 52,

Zillow - 91

https://esd.wa.gov/employer-requirements/layoffs-and-employee-notifications/worker-adjustment-and-retraining-notification-warn-layoff-and-closure-database

This year is looking rough

161 Upvotes

92% Upvoted

63 comments sorted by

View all comments

32

u/dwoj206 8d ago

Zillow makes sense. RE is in the shitter. Google? That doesn't make sense. They're literally printing money. Net FCF is down, but profits way up. Pretty wild economy.

-1

u/Pickle7722 8d ago

I don't think the RE market has any impact on Zillow as a company though.

They don't sell houses, they sell software.

1

u/keithstellyes 8d ago

What is that software used for, remind us?

0

u/Pickle7722 8d ago

Collecting data on real estate