AM I NEXT? NO LOVE AT LANDING

Birmingham, Alabama-based Landing, a platform operator of a membership network of fully-furnished apartments, has announced an operational reorganization.

The restructuring will impact 110 positions nationwide, with another reshuffling of 70 positions being relocated to different locations around the country.

According to Landing CEO Bill Smith, “The layoffs came as Landing's product and operations evolved into a new field-based operating model and transitioned to a new technology platform to power these teams called 'Mission Control.' The model was launched in Phoenix in July and expanded to four other markets in June."

"This decision was not easy, and we are deeply grateful to the team that helped us achieve all that we have over the past 3 years. We are confident that these organizational changes will best position the company for success and long-term growth. We remain committed to growing in Alabama and investing in the tech community in Birmingham, and this restructuring ensures that we will be in a position to do so well into the future.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT REALI

San Mateo, California-based Reali, a financial technology company providing a platform for real estate buyers and sellers to collaboratively complete transactions, has announced ceasing operations and laying off all employees.

The shutdown will impact 140 employees and is scheduled for September 9, 2022. Reali is in ongoing conversations with companies that have expressed interest in acquiring specific parts of its business, including mortgage origination, title & escrow, and power buying.

Reali Co-Founder and Chairman Amit Haller noted, "Due to the challenging real estate and financial market conditions and unfavorable capital-raising environment, Reali determined the best course of action is to close."

"Reali was one of the pioneering companies to offer the 'buy before you sell' and 'cash offer' programs to homeowners. We believed deeply in benefiting the consumer foremost in every transaction. The six years Reali spent evolving the prop tech market in California helped elevate and transform the industry."

Reali Chief Executive Officer Tyler Baldwin added, "We had an incredible six-year run delighting homeowners. We want to extend our deepest gratitude to the thousands of homeowners who trusted Reali with their homeownership journeys, the Reali team, our investors, and those who rooted for us from the sidelines. It has been a pleasure to serve our communities."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT RE/MAX

Denver, Colorado-based RE/MAX, an international real estate company that operates through a franchise system, has announced several technology-based initiatives including an affiliation with major real estate technology provider Salt Lake City, Utah- based Inside Real Estate.

Insides' kvCORE platform will include agent/team/office websites, lead management, a smart CRM, and automated marketing capabilities for ReMax teams.

Unfortunately, the kvCore solution will replace many of Re/Max's in-house solutions and thus render the technology and personnel redundant. The phased roll-out, continuing into 2013 will impact approximately 120 employees in mostly technology positions or 17% of Re/Max's workforce.

According to a company statement, "The layoffs are the result of the company's shift in strategy to sunset its in-house technology platform in mid-2023 and instead partner with Inside Real Estate, which developed a cloud-based platform called kvCORE for real estate companies."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?