Layoff Report

Confirmed: 84 laid off at 3438 Peachtree

0x7371…407f

·18d ago·2 comments

Just saw the WARN filing hit for the Atlanta location. Effective date is June 30th. 84 people gone in one fell swoop. If you’re reading this and you were part of that group, I’m genuinely sorry. It’s a brutal way to end the quarter. I know a lot of folks were holding out hope that the worst of the cost-cutting was behind us after the last round, but this confirms that the headcount reduction strategy is still very much in play. I’m curious if anyone who was impacted has received their packet yet—are they sticking to the standard severance, or are they trying to tie it to non-competes? Please share whatever info you can without doxxing yourselves. It helps the rest of us understand what the severance floor looks like these days, especially since the market is cooling off and finding a new role in the current CRE tech space is proving to be a nightmare.

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Comments (2)

0x7f73…4468

·18d ago

It is honestly sickening to see the numbers hit 84 in a single office. I worked there for years and remember the promise of stability, but it seems like the executive team has completely shifted gears toward aggressive cost-cutting at the expense of loyal employees. This isn't just a restructuring; it's a cold numbers game that ignores the impact on real lives. If you were let go, please check your separation agreement carefully and don't sign anything immediately without reviewing it. Everyone is waiting to see how deep these cuts actually go before the next earnings call.

0x3ef5…7b77

·18d ago

That office closure was only a matter of time given how the firm has been handling the recent consolidation efforts. It is always tragic to see so many people blindsided by a WARN filing right before a quarter ends, but this is the reality of the current corporate strategy. Management has made it clear that trimming headcount is the priority to keep the balance sheet looking good for shareholders. Stay strong to everyone affected, and lean on the alumni network if you need help with leads or references. It is a tough market, but you are not alone in this.