Zillow to lay off 20 employees in Centennial office after iBuying flop
This story first appeared on BusinessDen.com, a BizWest news partner.
Zillow is trimming the size of its Denver-area office after deciding to stop buying houses.
The Seattle-based company said in a letter to the state last week that it plans to lay off 20 people that are based out of its office at 10771 E. Easter Ave., Suite 100, in Centennial.
“This action is due to the elimination of the Zillow Offers business,” the company said in the letter.
Through its Zillow Offers business, Zillow was one of the most prominent “iBuyers” — companies who purchase houses and then quickly re-list them for…
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