Online portal Housing.com will fire 600 employees across its business verticals in the next few months as it works toward restructuring its businesses, a report in Economic Times has said.

The report said that the start up is going to now focus on its core technology, product and tighten cash burn.

One of sources quoted in the report said that people at the organisation are being laid off because Housing.com is shutting some businesses, some due to underperformance and others due to overstaffing.

The company will be shutting three verticals, viz. commercial, land and short stays.

Housing.com is also planning to focus more on larger cities, going ahead.

The restructuring comes after one of the company's founder, the now infamous Rahul Yadav was ousted for going up against the board and investors, and dragging Housing.com into the news for all the wrong reasons.