Rocket offers voluntary buyouts to 8% of workforce
Rocket Companies said late Monday that it would be offering buyouts to 8% of its staff at its mortgage operations and title teams.
Even the largest mortgage lenders are feeling the consequences of rising interest rates and a lack of available houses. Rocket Companies, the parent company of Rocket Mortgage and Amrock Title, said late Monday that it will be providing buyouts to 8% of its mortgage operations and title teams.
The corporation employs over 26,000 people at its offices in Detroit and Cleveland.
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