Heard a rumor that the Ocwen takeover is not going to happen in September. Postponed until 1st quarter of 2019
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Topics regarding layoffs at PHH Corp.
Anyone at PHH heard anything about layoffs for ocwen/homeward specifically in Addison?
Ok people.. it was reported in the national mortgage news that the CEO of Ocwen will be retiring and guess who will be taking his place??? None other than Glen Messina. Omg the was the reason for the downward spiral of PHH. Now we will need to worry
Does anyone know the when the date of the Ocwen deal is scheduled to close??
Now what? I love how they are telling us that nothing will change, no layoffs, this is a partnership not an acquisition .... does anyone know or have any ideas what the actual plan is? Business as usual, right? Cmon, we're not that stupid.
The mood is aweful. The whole industry is hurting. What are your thoughts on closing and bankruptcy, is that something that we here at PHH can realistically expect in 2018?
if anybody is wondering why the company is in such bad shape, just look at the way management handles promotions. the level of favoritism and nepotism is ridiculously obvious. people who have been with the company for years have been passed over for... read more
Does anybody actually know what our plans for the future are? Where PHH wants to be and how to get there? No? We've seen so many changes in senior management and so many shifts in priorities that it's no wonder the company is flailing. We need... read more
I am in customer service, and I have seen so many mistakes and departments/people not willing to take responsibility for those mistakes that I am not surprised by any of this.
Not really surprised at the latest layoffs at PHH. The company has had so many of those in the past several years that they hardly come as a shock anymore. That doesn't make them any less upsetting or stress inducing, however. I'm not sure morale can... read more
I know this is redundant, but there is at least 20 aricles posted all over the web about the cuts. It'll get bloody. I left in 2014 but my wife still works for PHH. She's very happy and likes the team, manager and the type of work - so I am keeping... read more
PHH is planing to lay off 2,250 employees in the next twelve months... This is massive, more than half of people will lose their jobs... Notifications have already started going out... read more
After he came in and ripped the company apart piece by piece, selling off the stuff that made PHH profitable and no PHH 2.0 is here (oh boy!) what's everyone thinking?
Anyone know what's the word on the upcoming town hall meeting?
Many have left on their own and many, including myself, are looking. Things are uglier than ever on the floor yet upper management is clueless. Since the termination of a certain supervisor, people here are on edge. Yet the pressure just continues to... read more
.... PHH Corporation NYSE: PHH - May 10, 4:03 PM EDT 13.60
A reliable source has told me Former CEO Glenn Messina was at Spotted FC Kerbeck Bentley Palmyra looking over a possible new purchase? What about the rest of us? What do we get?
Does anyone know if Mt. Laurel employees, who have been provided with proposed end dates, will have their end dates accelerated as a result of the recently announced strategic plans?
Maybe the election distracted everyone, and perhaps thats why the announcement came just hours before the craziness started. Without getting nasty (we all know how people can be on this site), would anyone care to discuss the recent news of PHH... read more
Any truth in this?
Revoke the black belts please.
Post them here
To: All Hewlett Packard Enterprise Employees You probably saw the news earlier today, Dell announced that they would acquire EMC for $67 billion. I wanted to take a quick moment to tell you why I (and you should too) believe this is a good thing for... read more
We were told they weren't given out, but they were.
I have heard that yet another layer of management will be cut at the end of March. has anyone else heard anything similar?