The layoffs are part of a reorganization plan that will streamline operations and bring cost savings in the long term, the real estate franchisor said…
Posts published in “layoffs”
CEO Frank Martell recruits former CoreLogic colleague David Hayes as losses pile up and mortgage originations hit another new low. Source: Inman News
Following a dramatic Q4 in which the iBuyer posted losses of $121.1 million, Offerpad improved its net loss by 51 percent to $59.4 million in…
In total, the company cut 560 positions, according to a statement Opendoor provided to Inman. The cuts, which were announced internally Tuesday morning, primarily focused…
The brokerage said the employees impacted by the latest round of layoffs were mostly in the real estate support department, but some executive were also…
Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Source: Inman News
The bank says it has racked up $353 million in severance expenses as it closes branches and pursues a “more focused home lending business.” Source:…
Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday. Source: Inman…