Public filings and contemporaneous news show that Zillow did in fact reduce its workforce by roughly 25%, and that the cuts were driven primarily by shutting down its iBuyer/home‑flipping arm, Zillow Offers.

On November 2–3, 2021, Zillow announced it would wind down Zillow Offers and that this wind‑down was expected to result in approximately a 25% reduction of the company’s workforce.

• A Seattle Times/Anchorage Daily News report notes that closing the house‑flipping division “will include a reduction of Zillow’s workforce by approximately 25%.” (adn.com)
• Zillow’s own SEC filing states that the November 2, 2021 decision to wind down Zillow Offers “is expected to be complete during the second half of 2022 and result in approximately a 25% reduction of the Company’s workforce.” (sec.gov)

Multiple outlets describe this as about 2,000 employees, or ~25% of staff, tied specifically to the shutdown of Zillow Offers, i.e., the iBuyer/home‑flipping business. GeekWire reports that shutting down Zillow Offers would lead to layoffs of “approximately 25%, or about 2,000 people,” and later notes that continuing layoffs were “part of the company’s decision to end its home buying business.” (geekwire.com) RealTrends likewise describes the 2,000‑employee layoff “last November” as happening “after shuttering its iBuyer operation.” (realtrends.com) A later Wall Street Journal piece summarizes that the workforce was down 28% in 2022, largely due to these layoffs tied to winding down the algorithm‑based home‑flipping business. (wsj.com)

Relative to the November 2021 recording:

• Magnitude: The reduction was indeed about 25% of total headcount.
• Timing: The layoffs were announced immediately (early November 2021) and carried out over the following several quarters/months, which fits the prediction of cuts happening “over the next few months.”
• Primary target: The cuts were largely due to and focused on the Zillow Offers iBuyer/home‑flipping operations.

Because the real‑world outcome matches the prediction on all key points—~25% workforce reduction, driven primarily by the iBuyer unit, and executed in the months following November 2021—the prediction is best classified as right.