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The online real-estate website Housing.com will be laying off 200 employees from the company. The online real-estate website Housing.com will be laying off 200 employees from the company in

order to meet the costs target set by the shareholders of the company.  Housing fired 600 employees about 3 months ago to step up focus on its core technology and product, and also shut a

few departments including commercial properties, short stays and land business. "The focus is to control cash burn," said an investor in the company who declined to be identified.

This time around, the layoffs will be across departments including product, marketing and operations, the company decided at a board meeting in Mumbai on Friday, the sources said. Housing

currently has about 1,960 employees. "Unlike the last restructuring round where people were asked to leave because businesses were being shut down, this time the company is laying off

without solid ground," a senior Housing executive said, speaking on condition of anonymity. After recent upheavals in Housing's top management, the company has increased focus on

revenue generation and building an advertisement business. The decision on the latest layoffs has come just as Housing is close to finalising a bridge round of funding to be led by SoftBank

(owns 32 percent of Housing), which may give the Japanese investor a majority stake in the company, according to sources. Housing.com did not respond to email queries by ET. SoftBank, the

largest investor in Housing, declined to comment. Founded in 2012, Housing has raised $139.5 million in four funding rounds from four investors.