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Walker & Dunlop Lays Off 110 Employees, Blaming Higher Interest Rates for Slowing Sales

Real Estate Brokerage Says Move Expected To Save $25 Million in Annualized Costs
Walker & Dunlop, with headquarters at 7272 Wisconsin Ave. in Bethesda, Maryland, blamed its layoffs on "the Fed still raising rates, and the market disruption caused by the recent bank failures." (CoStar)
Walker & Dunlop, with headquarters at 7272 Wisconsin Ave. in Bethesda, Maryland, blamed its layoffs on "the Fed still raising rates, and the market disruption caused by the recent bank failures." (CoStar)
CoStar News
April 20, 2023 | 4:09 P.M.

Walker & Dunlop became the latest major brokerage to lay off staff, eliminating 110 employees and blaming the cuts on business uncertainty caused by a string of interest rate increases and recent bank failures.

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