Divvy Homes Inc.
Divvy Homes is a U.S.-based residential real estate company that offers a rent-to-own homebuying platform. The company enables renters to build equity and transition to homeownership through a lease-purchase model and related services.
Layoff timeline
1 EVENTDivvy Homes Inc. laid off nearly 100 employees across 20 states amid a challenging housing market and rising interest rates. The article reports that nearly 100 Divvy employees received pink slips as the startup faced a difficult environment for its business. No specific departments or exact layoff date are provided. The cuts are presented as a direct result of higher mortgage rates and a tougher operating environment for the company.
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