Austin real estate startup Homeward lays off 20% of staff as housing market cools
August 11, 2022 at 15:53 PM EDT
Real estate technology companies grew aggressively in recent years to keep up with sky-high demand for homes. Now that there are signs of a slowdown in homebuying, some startups are paring back growth projections. Austin-based Homeward just announced it's cutting 20% of its staff, which could amount to more than 100 employees.