Stay updated with breaking news from Rachel Ergmann. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The layoffs will affect offices across the United States, as well as remote employees in some parts of the country, including Washington and Ohio.
Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees. Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees.
Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees. The layoffs — its third round in the past year — represents the latest blow to the real estate tech company, as mortgage interest rates have continued to surge. The 94 employees are spread across the United States, with some based in the company’s San Francisco headquarters as well as remote employees in other locations such as Colorado, Florida, Ohio, Texas and Washington, according to a September 7 letter that Divvy H...