5 ms·
Yes, but 23 is ~0.3% of their labor force, which is negligible. Their weekly natural employee churn is likely more than 23.
by ivalm 3y ago
Yes, but 23 is ~0.3% of their labor force, which is negligible. Their weekly natural employee churn is likely more than 23.
- bmitc 3y agoThen doesn't it make you wonder why even bother laying them off, if it's apparently so neglible?
- xw3090 3y agoThey might not have. “noting the layoffs were not necessarily cuts in total head count.” The devil is in the details and I know I’m way too lazy to go through all that paperwork and find out. Looks like everyone else is too. :)
- ivalm 3y agoThe positions presumably got closed/not refilled. Zillow itself claims it’s part of normal audit process. Happens all the time and doesn’t make news.
- bjt12345 3y agoClearly they're taking the piss out of the analysts and must be in good financial shape. Like how Bill Gates amd Steve Balmer used to tell Wall St how bad things are.