“I can’t imagine the grief we’ve caused you:” Redfin furloughs 41% of agents

In the most drastic cuts seen in residential brokerage since the pandemic began, Redfin said Tuesday that it would furlough 41 percent of its agent workforce.In addition to the furloughs, the Seattle-based discount firm, an outlier in the brokerage industry for employing salaried brokers, said it plans to reduce its staff by 7 percent, or roughly 236, according to a regulatory filing.