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Houzz lays off 155 employees, cuts executive salaries

Written by Lauren | Apr 22, 2020 5:44:03 PM

Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10% of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut. The company, last valued at $4 billion, confirmed the content of the memo in a statement to TechCrunch.