CoStar Group conducted another round of layoffs at its Richmond headquarters. These job cuts impacted employees on its Homes.com platform. The company cited advanced AI technology deployment as the reason for the reductions. This marks the second major layoff event in less than a year for the real estate technology firm. CoStar's stock price has recently declined significantly.
https://www.wtvr.com/news/local-news/costar-layoffs-richmond-feb-18-2026