Real estate investing startup Cadre laid off 28 employees

🌎 New York City βˆ™ πŸ‘© 28 employees (25%) βˆ™ πŸ–₯ All departments

Cadre, an online marketplace for commercial real estate investments, laid off 28 employees (25%) last week. The company, which makes money in part from up-front transaction fees, has been hurt by the sudden slowdown in the real estate market. Cadre is offering laid-off employees health insurance through the end of 2020 and an extension of the post-termination exercise period on vested stock options to two years.

See link below πŸ‘‡for an opt-in list of employees laid off across Cadre’s sales, product, engineering, people, and finance departments.

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