{"id":3442,"date":"2022-08-26T16:34:01","date_gmt":"2022-08-26T16:34:01","guid":{"rendered":"https:\/\/www.realtrends.com\/blog\/2022\/08\/26\/anywhere-is-the-latest-real-estate-firm-to-make-layoffs\/"},"modified":"2025-03-13T02:46:26","modified_gmt":"2025-03-13T02:46:26","slug":"anywhere-is-the-latest-real-estate-firm-to-make-layoffs","status":"publish","type":"post","link":"https:\/\/www.realtrends.com\/blog\/2022\/08\/26\/anywhere-is-the-latest-real-estate-firm-to-make-layoffs\/","title":{"rendered":"Anywhere is the latest real estate firm to make layoffs"},"content":{"rendered":"\n<p>It appears <strong>Anywhere Real Estate<\/strong> is not immune to the <a href=\"https:\/\/www.realtrends.com\/blog\/articles\/the-market-slowdown-is-slowing-down\/\" target=\"_blank\" rel=\"noreferrer noopener\">housing market slowdown<\/a>. A spokesperson confirmed that the company underwent layoffs last Thursday, but the number of impacted employees and their departments was not disclosed.<\/p>\n\n\n\n<p>According to the <strong>LinkedIn<\/strong> <a href=\"https:\/\/www.linkedin.com\/posts\/activity-6965405855097720832-pDPE?utm_source=share&amp;utm_medium=member_desktop\" target=\"_blank\" rel=\"noreferrer noopener\">post<\/a> of a former Anywhere employee affected by the most recent round of layoffs, a \u201cnumber of Talent Acquisition and Human Resources\u201d were affected.<\/p>\n\n\n\n<p>\u201cOver the past few years, we have been relentless on costs and proactive on strengthening our balance sheet, and we continue to make decisions that enable us to both navigate today\u2019s environment and further invest in our future,\u201d an Anywhere spokesperson wrote in an email. \u201cPart of our ongoing cost management includes evaluating business initiatives, finding simplification and efficiencies, and right sizing the enterprise to be in line with demand.\u201d<\/p>\n\n\n\n<p>During its <a href=\"https:\/\/www.realtrends.com\/blog\/articles\/anywhere-real-estate-cuts-costs-as-housing-market-falters\/\" target=\"_blank\" rel=\"noreferrer noopener\">second-quarter earnings call<\/a> with investors,&nbsp;<a href=\"https:\/\/www.realtrends.com\/blog\/articles\/realogy-stays-profitable-laments-mortgage\/\" target=\"_blank\" rel=\"noreferrer noopener\">Anywhere executives<\/a>&nbsp;took note of the larger headwinds impacting the industry, but argued they have a business built to make money in any market environment.<\/p>\n\n\n\n<p>\u201cEven in a much tougher housing market, Anywhere delivered the solid profitability and free cash flow that we believe the market is increasingly valuing,\u201d CEO Ryan Schneider said in a prepared statement. \u201cAnywhere continues to invest in the business, especially our strategic focus on simplifying and reimagining the home buying and selling experience for consumers as we leverage our strong financial profile and demonstrated ability to deliver results.\u201d<\/p>\n\n\n\n<p>Anywhere is just the latest real estate firm to undergo layoffs this summer. <strong><a href=\"https:\/\/www.realtrends.com\/blog\/articles\/redfin-lays-off-8-of-workforce\/\" target=\"_blank\" rel=\"noreferrer noopener\">Redfin<\/a><\/strong>, <strong><a href=\"https:\/\/www.realtrends.com\/blog\/articles\/re-max-quietly-lays-off-17-of-staff\/\" target=\"_blank\" rel=\"noreferrer noopener\">RE\/MAX<\/a><\/strong>, <strong><a href=\"https:\/\/www.realtrends.com\/blog\/articles\/keller-williams-implements-4th-round-of-layoffs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Keller Williams<\/a><\/strong> and <strong><a href=\"https:\/\/www.realtrends.com\/blog\/articles\/compass-lays-off-450-halts-trading-on-nyse\/\" target=\"_blank\" rel=\"noreferrer noopener\">Compass<\/a><\/strong> have all cut their staff in the past three months, with Compass most notably laying off <a href=\"https:\/\/www.realtrends.com\/blog\/articles\/compass-cto-ousted-as-firm-continues-austerity-measures\/\" target=\"_blank\" rel=\"noreferrer noopener\">its chief technology officer<\/a> Joseph Sirosh.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears Anywhere Real Estate is not immune to the housing market slowdown. A spokesperson confirmed that the company underwent layoffs last Thursday, but the number of impacted employees and their departments was not disclosed. According to the LinkedIn post of a former Anywhere employee affected by the most recent round of layoffs, a \u201cnumber [&hellip;]<\/p>\n","protected":false},"author":34740,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[1760],"class_list":["post-3442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Anywhere is the latest real estate firm to make layoffs - RealTrends - Blog<\/title>\n<meta name=\"description\" content=\"As market conditions shift, real estate firms must make tough calls, with Anywhere being the latest firm to make layoffs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.realtrends.com\/blog\/2022\/08\/26\/anywhere-is-the-latest-real-estate-firm-to-make-layoffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Anywhere is the latest real estate firm to make layoffs\" \/>\n<meta property=\"og:description\" content=\"As market conditions shift, real estate firms must make tough calls, with Anywhere being the latest firm to make layoffs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.realtrends.com\/blog\/2022\/08\/26\/anywhere-is-the-latest-real-estate-firm-to-make-layoffs\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - 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