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Zillow slashed hundreds of employees as the home listing giant shapes up its second-quarter results.  More than 500 people were laid off by the company on Tuesday, according to a staff email obtained by Inman. The layoffs, which chief executive officer Jeremy Wacksman said were enacted across all levels of the company, affected roughly 7 percent of its total workforce. Wacksman, in an email announcing the layoffs, cited a “disciplined approach to cost management across the company,” adding that the move was about “getting leaner and ensuring we have a sustainable cost structure.” It’s the second major cut to the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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