Compass does another round of layoffs – Robert Khodadadian

Compass announced Tuesday that it has conducted another round of layoffs, billing the step as a “significant action” en route to its goal of becoming profitable. “The Company believes it is in a position to reduce its go forward investment in technology given the maturity of the Company’s technology platform,” it said in an SEC filing Tuesday. “As a result, a significant portion of the Workforce Reduction involves reductions in headcount on the Company’s product

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, breaking, compass, Robert Reffkin The Real Deal New York Read More

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