Exclusive: S.F. proptech raises doubts about its future in state filing as financing falls through, layoffs underway

San Francisco-based Unison, a pioneer in the business of buying stakes of Americans’ home equity, said it lost financing "critical to the company's ongoing operations" and it plans to lay off almost half its workforce by next week, according to a California WARN notice obtained by the San Francisco Business Times.

The company is cutting 89 employees, including the head of capital markets and chief revenue officer. The layoffs go into effect April 8.

*Source: https://www.bizjournals.com/sanfrancisco/news/2020/04/03/exclusive-s-f-proptech-raises-doubts-about-its.html