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Realty firms resort to massive layoffs as market dries up

Realty firms resort to massive layoffs as market dries up

Many real estate companies have laid off 40-50% of their sales staff in 2022 amid the market slump. The number of employees, mostly in the sales, after-sales, marketing, and legal departments, leaving the market in the last two quarters of the year is estimated in the thousands. Some small and …

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