‘Flat housing market’ forces Zillow layoffs: Real estate company sheds 7% of jobs in second round of cuts this year

Zillow will let go of 500 more employees in a restructuring plan, the company said ahead of its second-quarter 2026 earnings report Wednesday. Zillow plans to lay off “just over 500 employees,” or about 7% of its workforce, as part of a company-wide restructuring. The Seattle-based online real estate company had 7,058 employees as of March 31.