Re/Max Holdings Inc. said late Thursday it expects to cut its workforce by about 17% by the end of the year, mostly technology positions, as the real-estate company outsources some of its technology needs. Re/Max said it is entering a relationship with Inside Real Estate, the developers of a cloud-based, “all-in-one” real-estate platform for agents. In a phased rollout beginning later this year through 2023, Re/Max affiliates in the U.S. and Canada will get access to the platform. Most savings from the layoffs are expected to reinvested back in the business, Re/Max said. According to company filings, Re/Max had 639 full-time…
Source: Marketwatch
