LENNAR Atlanta laid off approx 20% of mid- mid-senior levels across the board, including Area Sales Manager, multiple Construction Managers and New Home Consultants. Small severance package. Director of Construction Stated it was due to 20%... — read more
Doing well, for now
The earnings report is tomorrow and it will be a good one (unless I'm reading this completely wrong, which I doubt). We are doing great, at least for now. I am worried about a recession, though. Good numbers now will mean nothing in the long run if... — read more
Housing recession
https://thehill.com/policy/finance/overnights/3766226-on-the-money-is-the-housing-recession-upon-us/
Triple Whammy
"The US housing market has been hit by labor shortages, rising costs, and soaring mortgage... — read more
2023 Layoff @ Lennar
Lennar Mortgage laid off 115 January 6, 2023 which appeared to be done to increase their stock price and confidence with shareholders which did increase share price. Tons of women, people who had disabilities and women over 40 laid off. Two weeks... — read more
As rates drop
the stock goes through the roof - no layoffs and we hire a lot.
Lennar cuts
I was with Lennar in 2007 when massive cuts were rolled out - I was in Miami and I was let go. I was approaching my 60th birthday so finding new job was very difficult. After 3 years of searching I finally found work and even though my pay is not as... — read more