The mortgage tech and title provider posted a $132.7 million net loss in the third quarter of 2022, with revenue falling 38 percent from a year ago to $55.3 million, according to an earnings call Thursday.
Source: Inman News
Blend announces more layoffs as cumulative losses surpass $1B
Published in blend, Blend Labs, Industry News, Mortgage, Mr. Cooper, Nima Ghamsari, Select and title365
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- Blend Labs laying off 150 more workers on ‘path to profitability’
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- Blend Labs laying off 200 employees as mortgage refinancings plummet
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