Staffers at CBRE could soon be the brokerage world’s latest victims of rising interest rates.
The commercial brokerage giant outlined a $400 million cost-reduction plan on Thursday as it adjusts to macroeconomic realities, and indicated that a large portion of those cuts will be achieved through layoffs.
https://therealdeal.com/2022/10/27/cbre-plans-layoffs-400m-in-cost-reductions/