Houzz lays off 155 employees, cuts executive salaries

Houzz, an online platform for home renovation and design, has laid off 155 employees, roughly 10 percent of its staff, per an internal memo obtained by TechCrunch. Executive salaries also took a cut. The company, last valued at $4 billion, confirmed the content of the memo in a statement to TechCrunch. “Due to the impact […]...