New York-based real estate firm Compass announces round of layoffs. About 3,000 of the company’s 21,636 employees are based in the Bay Area. It’s unclear how many employees will be affected by the layoffs. The company expects $23 million to $26 million in severance costs related to the layoff, according to a filing from the Securities and Exchange Commission. The move is the second in recent months, with 450 people laid off earlier this year in the wake of slowing sales volume.Read Long Article
