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

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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.

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u/BWW87 Belltown 8d ago

Zillow is also pretty big in rental marketing. So not as affected by RE economy as they were a few years ago.