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2 mins read

Real estate stocks crater as new fears of a prolonged US housing market slump trigger wave of job cuts

Real estate stocks Redfin and Compass have both dropped 25% over the last five days as the US housi…

Phil Rosen   


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5 mins read

Compass is reeling from a horrible year, from financial losses to tech troubles to mass layoffs

With home sales dipping amid rising interest rates, Compass has cut workers and bled cash. CEO Robe…

Matt Turner,Daniel Geiger,Jor…   


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1 min read

Former Titan submersible passenger who visited the Titanic last summer said 'you drop like a stone' for 2.5 hours and the compass was 'acting very weird'

Mike Reiss told NYT that on his submersible trip to the Titanic last year, the compass was "acting …

Sarah Jackson   


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3 mins read

'Selling Sunset' broker Jason Oppenheim says 'Compass basically destroyed the brokerage model for the entire industry'

Oppenheim called the amount Compass brokers get to keep from commissions "unsustainable," but Compa…

Dan Latu   


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3 mins read

Compass employees question the real-estate brokerage's cost cutting, saying it threatens the startup's tech ambitions

Compass, which lost roughly $6 billion since its 2021 IPO, is racing to cut costs. Plus, there's an…

Kaja Whitehouse   


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4 mins read

Layoffs are piling up from Amazon to Compass as tech companies enter 2023 scrambling to get ahead of a possible recession

January is often the worst month for layoffs. This year, tech firms looking to slim down could make…

Shana Lebowitz,Rebecca Knight   


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2 mins read

New Hampshire GOP Gov. Chris Sununu, a potential 2024 presidential contender, says some Republicans have 'lost their moral compass' on foreign policy

"As Republicans, we should support freedom, not abandon it," Sununu wrote in a Washington Post op-e…

John L. Dorman   


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2 mins read

Compass CEO Robert Reffkin's memo on how to dump poor performers was good, but here's how it could have been better

Reffkin motivated managers by reminding them of the impact of their work. But he omitted details ab…

Shana Lebowitz   


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1 min read

Compass cuts IPO price range and downsizes deal ahead of public debut

The SoftBank-backed residential brokerage firm cut it its IPO price range from $23-$26 to $18-$19 a…

Emily Graffeo   


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1 min read

Online real estate platform Compass eyes $10 billion valuation in US IPO

Softbank-backed Compass is eyeing a $10 billion valuation and hopes to raise $936 million in an IPO…

Will Daniel   


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3 mins read

Thousands of people have just been laid off by Salesforce, Amazon, and Compass. Recruiters say it won't be held against them in the job market.

In the past, hiring managers might have looked at a candidate who'd been laid off in a negative lig…

Rebecca Knight   


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2 mins read

Online real estate brokerage Compass surges as much as 22% in public debut

Compass jumped as much as 22% in its public debut on Thursday after a downsized IPO raised $450 mil…

Will Daniel   


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5 mins read

Simone Biles taught the world a lesson in empathy and humanity, one Olympic bronze medal at a time

We're treating Simone Biles' balance beam bronze medal from Tokyo with more regard than the one she…

Meredith Cash   


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1 min read

A wave of layoffs is sweeping the US. Here are firms that have announced cuts so far, from Compass to Coinbase.

Peloton has already laid off thousands of employees this year. Online car dealer Carvana slashed 12…

Avery Hartmans   


Dan Latu   


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3 mins read

3 ways managers can support employees living with chronic pain and fatigue

Make yourself approachable to discuss accommodations and recognize that not all chronic illnesses a…

Julia Métraux   


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2 mins read

The US IPO market just had its busiest quarter in over 20 years - but newly public stocks are underperforming, a Renaissance Capital report finds

102 companies went public in the first quarter of 2021. But the stock prices of a number of newly l…

Emily Graffeo   


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2 mins read

Tom Brady says Antonio Brown needs help and deserves compassion after storming off the field mid-game

Tom Brady has long supported Antonio Brown and said on Sunday that Brown is going through some "ver…

Scott Davis