Investment

Features

Fees Safety

Academy

Pluang+

Home/News Feed/Zillow cuts 500 jobs, about 7% of workforce, ahead of Q2 earnings report.

$36.61

+$1.49 +4.24%

Zillow cuts 500 jobs, about 7% of workforce, ahead of Q2 earnings report.

Market News

04 Aug 2026

PYMNTS

View Source

Neutral

Zillow announced it is laying off over 500 employees, roughly 7% of its workforce, as part of organizational changes to improve efficiency and cost structure. CEO Jeremy Wacksman emphasized that despite a flat housing market, Zillow's platform continues to outperform its category and deliver strong growth. The layoffs aim to position the company for future success by ensuring the right people are in the right roles. Zillow is set to report its second-quarter earnings on August 5, following a strong first quarter with 18% revenue growth year over year.

More News (Z)

Class action deadlines near for shareholders of VIA, Z, ADMA, and ERAS over alleged misleading statements.

The Law Offices of Frank R. Cruz has announced upcoming deadlines for shareholders of Via Transportation, Zillow Group, ADMA Biologics, and Erasca to file lead plaintiff motions in class action lawsuits. These lawsuits allege that the companies made ...

Market News

Bearish

1 day ago