Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff.
Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff.The real estate website had been relying on its algorithm that estimates home values to buy and resell homes. That part of its business lost about $420 million in three months.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Stephen Gandel Powered by WPeMatico