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Redfin was founded in 2004 by David Eraker, Michael Dougherty, and David Selinger. Eraker had dropped out of medical school at the University of Washington for a career in software design and Dougherty received degrees in electrical engineering and international studies from Yale University.
In November 2022 Opendoor cut 18% of its workforce, or 550 jobs. [20] Ahead of its 2020 IPO, the company's market cap was around $18 bn. That cap in early 2023 was slightly above $1 billion. [26] Opendoor cut 22% of its workforce in April of 2023, or roughly 560 positions mostly in the company's operations unit, citing a declining housing market.
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There are also 5 Lustron homes in the Kansas City area near 85th and Wornall Road. One of them was the display model and residence of the local sales representative. Local legend says that the salesman came home one day and told his wife that he no longer had a job because the company was bankrupt, but they still had their house.
With the national labor market also cooling, wage growth in Springfield is down to 1.1%, job openings remain strong but the pace of hiring has slowed, and the unemployment rate has started to rise ...