US EditionCoStar leans into AI, lays off 100+ workers from Richmond office
7 Articles
7 Articles
CoStar Group lays off about 120 staffers in Richmond, announces new hiring
The job cuts represent a complication for one of the area's largest and fastest-growing companies. CoStar employs almost 2,400 people in Richmond, many of whom work for the Homes.com marketplace.
CoStar leans into AI, lays off 100+ workers from Richmond office
RICHMOND, Va. CoStar Group, Inc. laid off more than 100 people from its downtown Richmond offices this week, according to a company statement and individuals familiar with the job cuts.The company, which has more than 2,500 employees in the Richmond area, cited the use of artificial intelligence as one reason for the layoffs."The company expects to eliminate roles in 2025 from efficiencies gained by using AI and reallocate those resources into o…
digitaltwininsider.com
01netCoStar Group Completes Acquisition of Matterport, Ushering in a New Era of 3D Digital Twins and AI-Powered Real Estate Innovation
ARLINGTON, Va.–(BUSINESS WIRE)–CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today the successful completion of its previously announced acquisition of Matterport, Inc. (NASDAQ: MTTR), the global leader in 3D digital twin technology. This powerful combination brings together two industry pioneers to accelerate the adoption of AI-driven digit…
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
