CoStar’s to layoff 100 Employees in restructuring

CoStar Group the parent company of and Homesnap is laying off 100 employees as part of their restructuring efforts.

In a press release to BusinessWire – the company announced that it’s taking the next steps in combining both Homesnap and The statement also mentions that over the course of next year the company tends to increase the total headcount by 700, after its reorganization leading to let go of 100 employees in duplicate roles.

The company also made a few changes in its leadership, by appointing David Mele as the President for the combined operations of Homesnap and

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