Friday 12 June 2020

REBNY lays off staff, slashes salaries

Facing a dramatic decline in membership dues, the Real Estate Board of New York has laid off staff, cut executives’ salaries and reduced its expenses. The trade group announced the cuts, including a 15 percent decrease in expenses, in a letter sent to members of its board of governors and obtained by The Real Deal. Sources familiar with the situation said REBNY laid off more than 10 percent of its staff, cut senior staffers’ pay



source https://therealdeal.com/2020/06/12/rebny-lays-off-staff-slashes-salaries/

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