Estimated reading time: 0 minutes, 16 seconds

Mr. Cooper Slashes 800 Jobs in Business Overhaul

Friday, Nov 11 2022
Originating
Written by  The Mortgage Leader

Mr. Cooper said it is laying off about 800 people as it restructures its originations business. So reports Dow Jones Newswires.

Mr cooperThe company said the cuts would result in a projected $20 million charge for its fourth quarter.

LinkedIn shows Mr. Cooper now has a headcount of roughly 4,800 people.

Read the full article from Dow Jones Newswires.

Read 1295 times
Rate this item
(0 votes)
More in this category: « UWM Originates More than Rocket for First Time in Q3 MeridianLink Wraps Deal for Fintech Firm OpenClose »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline