Zillow Cuts 500 Jobs Ahead of Q2 Earnings Report

NewsData.io · United States · Aug 4, 2026

Zillow CEO Jeremy Wacksman announced a layoff of just over 500 employees — approximately 7% of the company's roughly 7,058-person workforce — citing organizational restructuring. The cuts come ahead of the company's Q2 earnings report. For staffing agencies serving the real estate tech sector, this signals a notable contraction in placement and backfill opportunities at one of the industry's major platforms.