Just ahead of reporting its third-quarter earnings, Seattle-based Zillow has laid off 300 workers.
In a statement Wednesday, the real estate company described the cuts as part of its "normal business process" and did not attribute them to the rapidly cooling housing market that has led to layoffs across the real estate industry.
"As part of our normal business process, we continuously evaluate and responsibly manage our resources as we create digital solutions to make it easier for people to move," Zillow spokesperson Chrissy Roebuck said in a statement.
