Zillow Discontinues Home Buying Service, Reduces Workforce by 25%

Leading online real estate marketplace Zillow has announced its decision to exit the home buying business. This move is expected to result in a reduction of 25% of the company's workforce. The shift is part of Zillow's broader strategy to focus on its core platform and services, such as rental and listing solutions.

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Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/149

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McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.

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