Real Estate Exchange, Inc.: REX undergoes layoffs, weighs changes to business model, HousingWire reports

Austin's REX Homes has reportedly made a second round of layoffs in three months. HousingWire reported that the layoffs, announced last week, impacted 34 employees and followed a previous round of layoffs from August. REX Homes executives but did not respond to questions about the layoffs. REX is a technology-focused residential real estate brokerage. It is led by CEO Jack Ryan and has raised $135.5 million in funding, including a $25 million private equity round in 2020, according to Crunchbase. Lynley...