Wednesday, August 14, 2019

CoStar to cut nearly 100 D.C. jobs as part of larger realignment

CoStar Group Inc. (NASDAQ: CSGP) plans to eliminate nearly 100 Washington, D.C. jobs in late September as part of an increased focus on its Richmond-based research hub. The D.C.-based based commercial real estate data firm filed notice July 10 with the D.C. Department of Employment Services of its plan to lay off 96 employees effective Sept. 27. Company CEO Andy Florance forecast the planned layoffs on CoStar’s July 23 earnings call. In all, he said the company plans to relocate 145 positions from…



from https://www.bizjournals.com/baltimore/news/2019/08/14/costar-to-cut-nearly-100-d-c-based-jobs.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/187003680372

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