It is now illegal for companies to tell employees they cannot speak negatively about the company in order to receive a severance. https://www.nlrb.gov/news-outreach/news-story/board-rules-that-employers-may-not-offer-severance-agreements-requiring... — read more
Quicken Loans is firing people at a rapid pace
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
Expose’
Rocket has no regard for its employees If you have a family they make you choose between work and home and try to make you feel less than if you chose family over them. Don’t have any health ailments, each and every doctors appointment they want to... — read more
Buyouts in progress, to be followed by layoffs!
Offering a buyout to employees. Have personally heard amounts upwards of $10,000 to $15,000. 6 months Cobra insurance. One week to decide if you're taking it. Not a ton of insight as to what your position will be if you decide to decline the... — read more
Are communication specialists being impacted by layoffs?
Are communication specialists being impacted by layoffs?
Mass firings prior to layoffs
In the months prior to the layoffs they fired a bunch of people due to “lack of production” and now they’re laying off people for the same reason.
Question: Moving Over to Servicing
For those who are staying, I hear they are moving over to Servicing. What are the duties of the Serving Team? What is pay rate?
What Culture?!
Jay and, Bob should be ashamed of themselves for ruining the culture that, Dan built. There is no more culture since Jay and, Bob took over, and the IZMS are an absolute joke because the employee’s are supposed to abide yet the people running the... — read more
Federal Lawsuit has Quicken Laying off and eliminating jobs.
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
2019 Cuts in Mortgage Operations for QL
Given the rate hikes and lower volumes in mortgage issuance do you anticipate big layoffs in 2019 for QL
Quicken Loans Mints Money
No cuts, they are minting money. The IT group is OK, I've seen worse things...
Severance Packages Today
I seen they were offering amrock Severance packages today. All they want you to do is voluntarily quit what the f***
WSJ Coverage - https://www.wsj.com/amp/articles/mortgage-rocket-refinancing-interest-rates-11667226404
No Paywall: https://archive.ph/kEofD Paywall: https://www.wsj.com/amp/articles/mortgage-rocket-refinancing-interest-rates-11667226404
Rocket Mortgage is laying off today
Folks are being involuntarily separate today
Hiring right now
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.
We continue to hire and add headcount here at QL
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.