Given the rate hikes and lower volumes in mortgage issuance do you anticipate big layoffs in 2019 for QL
Topics regarding layoffs at Quicken Loans
It’s true, Quicken Loans is firing people at a rapid pace, they are finding any little thing to build a file against employees and once they feel they have enough ammunition; you’re gone. I’ve been with the company for over 10 years and have never... — read more
Quicken pays to keep mouths closed. They are firing senior positions in departments to hire new recruits at lower pay. They have also fired or "re-located" directors, and senior staff to keep payroll down. Just because companies hire, does NOT mean... — read more
Not sure about others, I know Movement had issues this year... We'll see what happens if the rates keep going up, nobody will be buying.
I saw a posting for a job with Quicken Loans and I think they do not have layoffs because they are hiring quite a bit.
No cuts, they are minting money. The IT group is OK, I've seen worse things...