Thread regarding Ocwen layoffs

work you till the end for the lower people

Nice give 20 years and they hold the package over your head for 6 months. Be nice to have firm end date to plan your life but guess they don's care. Guess management is ok with some folks getting paid to be home

He accepted Ocwen’s offer and the closing of the PHH acquisition due to terms of Restrictive Covenant and Separation and General Release Agreements he

had entered into as an employee of PHH. In order to preserve Mr. M availability prior to the uncertain date of the anticipated closing of the

acquisition, Ocwen paid Mr. M $240,000 monthly during this period, for a total of $1,200,000.

| 2586 views | | 2 replies (last May 21, 2019)

2 replies (most recent on top)

“To reserve the availability of Mr. M” as if anyone is knocking down the door for this guy to act as your companies CEO- he ran PHH into the ground in 5 years flat. Whew.

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