Thread regarding Rocket Mortgage / Quicken Loans layoffs

Any idea when layoffs will start?

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| 1622 views | | 3 replies (last May 2, 2022)
Post ID: @OP+1grqTvsK

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https://www.detroitnews.com/story/business/2022/04/25/rocket-mortgage-trim-workforce-home-loan-market-shrinks/7445270001/

"As a result of today’s market, some team members have told us they are considering a move to another position or a completely different industry. At the same time, our career growth options in certain areas of Rocket Mortgage and Amrock are limited right now, while the housing market normalizes after two years of unprecedented volume.”

Employees have said they want to move to a different industry? Hmm.... I suspect that's a PR attempt to spin this in a positive way. I've often thought of moving outside the mortgage industry... but I have NEVER shared that with anyone at my workplace.

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Post ID: @6xvc+1grqTvsK

If enough people accept the buyout maybe there will be no layoff. I am guessing.

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Post ID: @jfs+1grqTvsK

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