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ZG / Zillow to cut workforce 25% in 2022, after growing by more than 45% last year

Zillow Group Inc. Z, -1.75% ZG, -1.26% said it expects to cut its workforce by 25% this year, as a result of the previously announced wind down of Zillow Offers operations, but that followed a more than 45% jump in its workforce in 2021. In the real estate information company's 10-K annual report filed late Thursday, Zillow said the job cuts will primarily go into effect during the first half of 2022. Read More

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Posted: Feb 11 2022, 07:37

Author Name: Market Watch

ZG News

By Zacks Investment Research
November 1, 2023

Zillow (ZG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for Zillow (ZG) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to comp

By Zacks Investment Research
August 4, 2023

Zillow Group (ZG) Q2 Earnings Beat Despite Flat Revenues Y/Y

Lower residential and mortgage revenues due to the persistence of uncertainty in housing market hinder Zillow Group's (ZG) net sales in the second qua

By Zacks Investment Research
August 2, 2023

Zillow Group (ZG) Beats Q2 Earnings and Revenue Estimates

Zillow Group (ZG) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earni

By Zacks Investment Research
July 12, 2023

Strength Seen in Zillow (ZG): Can Its 10.8% Jump Turn into More Strength?

Zillow (ZG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions ma

By Zacks Investment Research
June 28, 2023

Zillow (ZG) Launches AI-Driven Features to Assist Listing Agents

Zillow (ZG) unveils AI-powered Listing Showcase that enables agents to win more listings and ensures a premium experience for shoppers.

By Zacks Investment Research
June 12, 2023

Zillow (ZG) Unveils New Solution To Support Real Estate Agents

Zillow Group (ZG) introduced an enhanced Appointment Center by ShowingTime+ that support agents with various data and reporting tools, enabling them t

By Seeking Alpha
May 30, 2023

Zillow Group: Strong Execution And Innovative Capabilities

Zillow continues to demonstrate strong performance and execution, tracking toward its long-term revenue and margin targets, despite a challenging macr

By Forbes
May 25, 2023

History Says Buy The Dip On Zillow Stock

The Zillow Group's (Z) long-term pullback looks like it may be coming to an end. History suggests that now is the perfect time for bulls to buy Z's ne

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