CoStar Group has announced further layoffs at its Richmond office, impacting what reports suggest are dozens of employees, primarily from the Homes.com website. The company attributes these job cuts to its strategic focus on deploying advanced AI technologies to enhance revenue growth and operational efficiencies. These layoffs follow a similar reduction in staff approximately one year ago.
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Layoffs continue at CoStar Group
CoStar Group has announced further layoffs at its Richmond office, impacting what reports suggest are dozens of employees, primarily from the Homes.com website. The company attributes these job cuts to its strategic focus on deploying advanced AI technologies to enhance revenue growth and operational efficiencies. These layoffs follow a similar reduction in staff approximately one year ago.