Zillow lays off 200 employees in performance-related reductions

Seattle-based Zillow laid off about 200 employees in late January 2026. The company described the cuts as performance-related and tied to its normal annual review process, rather than a broad restructuring or market-driven downsizing. Zillow said the reductions were not concentrated in one business unit and were not connected to market conditions or recent business developments. The company continued hiring for open roles across areas including mortgage, rentals, and software development.