Notarize lays off 25% of its workforce
Notarize lays off 25% of its workforce
Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. “We are exceptionally […]
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Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. “We are exceptionally […]
The post Notarize lays off 25% of its workforce appeared first on HousingWire.
Notarize CEO, Pat Kinsel publicly announced that his firm had laid off 25% of its workforce (110 employees) in a Twitter thread on Wednesday. This is the second time the 7-year-old, Boston-based remote online notarization (RON) firm has undergone layoffs. In 2019, Notarize was forced to undergo layoffs after financing fell through. “We are exceptionally […]
The post Notarize lays off 25% of its workforce appeared first on HousingWire.
Boston-based Notarize, a provider of online notarization software, laid off 110 workers, or approximately 25% of its payroll Wednesday, making it the latest fintech to make cuts this year. The layoffs impacted staff from junior to senior employees in nearly every department and left the company with 325 workers, a spokesperson confirmed Thursday. Notarize made the move in a shift to grow revenue from existing partnerships rather than customer and partner acquisition, as well as a response to e...
Boston-based Notarize, a provider of online notarization software, laid off 110 workers, or approximately 25% of its payroll Wednesday, making it the latest fintech to make cuts this year. The layoffs impacted staff from junior to senior employees in nearly every department and left the company with 325 workers, a spokesperson confirmed Thursday. Notarize made the move in a shift to grow revenue from existing partnerships rather than customer and partner acquisition, as well as a response to e...
Lending fintech Tomo Networks cut nearly a third of its workforce Tuesday and will dial back its expansion plans, the company confirmed Wednesday.The Stamford, Connecticut-based firm laid off 44 employees ahead of a bumpy economic cycle, it said in a statement. It’s the latest mortgage fintech to undertake layoffs and the most recent lender to cite rising interest rates and reduced volume for downsizing.“While we explicitly don't offer refinance mortgages because of the risky boom and bust ...
Lending fintech Tomo Networks cut nearly a third of its workforce Tuesday and will dial back its expansion plans, the company confirmed Wednesday.The Stamford, Connecticut-based firm laid off 44 employees ahead of a bumpy economic cycle, it said in a statement. It’s the latest mortgage fintech to undertake layoffs and the most recent lender to cite rising interest rates and reduced volume for downsizing.“While we explicitly don't offer refinance mortgages because of the risky boom and bust ...
“We’re operating the company prudently as if the mortgage industry origination volumes will remain at or near historic low levels through 2025,” Nima Ghamsari, Blend’s co-founder and CEO, said Monday.
The post Blend takes a $478M loss, cuts 25% of its workforce appeared first on HousingWire.
“We’re operating the company prudently as if the mortgage industry origination volumes will remain at or near historic low levels through 2025,” Nima Ghamsari, Blend’s co-founder and CEO, said Monday.
The post Blend takes a $478M loss, cuts 25% of its workforce appeared first on HousingWire.
Flyhomes is the venture capital-fueled real estate company to fall victim to the slowdown in the housing market, opting to lay off 20% of its staff this week.
The post Flyhomes lays off 20% of its employees as housing demand falls appeared first on HousingWire.
Flyhomes is the venture capital-fueled real estate company to fall victim to the slowdown in the housing market, opting to lay off 20% of its staff this week.
The post Flyhomes lays off 20% of its employees as housing demand falls appeared first on HousingWire.
The Seattle-based real estate tech startup raised $150 million last year. It cited rising interest rates and lower demand for housing as reasons for the layoffs.
The Seattle-based real estate tech startup raised $150 million last year. It cited rising interest rates and lower demand for housing as reasons for the layoffs.
Clear Capital CEO Duane Andrews said the company is restructuring all divisions to reduce expenses and support the future strategy.
The post Clear Capital will lay off 27% of its workforce appeared first on HousingWire.
Clear Capital CEO Duane Andrews said the company is restructuring all divisions to reduce expenses and support the future strategy.
The post Clear Capital will lay off 27% of its workforce appeared first on HousingWire.
A cooling housing market is trickling down to startups involved with residential real estate, leading Austin-based Homeward Inc. to announce it is laying off 20% of its team.
"Despite having a strong financial start to the year, we are currently staffed for more growth than we’re now forecasting," Homeward founder and CEO Tim Heyl wrote in an Aug. 10 blog post.
Homeward offers homebuyers financing to make all-cash offers, which became common in hot housing markets like Austin during the pan...
A cooling housing market is trickling down to startups involved with residential real estate, leading Austin-based Homeward Inc. to announce it is laying off 20% of its team.
"Despite having a strong financial start to the year, we are currently staffed for more growth than we’re now forecasting," Homeward founder and CEO Tim Heyl wrote in an Aug. 10 blog post.
Homeward offers homebuyers financing to make all-cash offers, which became common in hot housing markets like Austin during the pan...
SF-based digital real estate unicorn Roofstock decided to lay off 20% of its workforce, following its first NFT-powered property sale.
The post Real estate unicorn Roofstock cuts its workforce by 20% appeared first on HousingWire.
SF-based digital real estate unicorn Roofstock decided to lay off 20% of its workforce, following its first NFT-powered property sale.
The post Real estate unicorn Roofstock cuts its workforce by 20% appeared first on HousingWire.