CoStar confirms layoffs following investor criticism, AI push

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CoStar Group has confirmed layoffs following investor pressure regarding its Homes.com spending and strategy. The job cuts coincide with the company’s launch of a new Homes AI feature and are part of a broader effort to reduce costs and prioritize AI and technology-driven products. Impacted roles appear to be primarily in photo and video production, as well as content roles related to Homes.com.

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