Clear Capital lays off 27% of its global staff

Clear Capital, a real estate valuation technology company and firm, is laying off 27% of its staff months after freezing mass hiring, TechCrunch has learned from sources.
A spokesperson for Clear Capital confirmed the layoffs to TechCrunch but did not share the specific number of employees impacted. Last November, the company announced they had 1,400 total global employees, so using that figure the layoff could have impacted 378 employees.
The reduction primarily impacted its operational team, according to sources.
“Clear Capital is restructuring all company divisions to reduce expenses and su

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