Also, execs are greedy. I know some of them personaly and I was not expecting anything better than this mess. If you've been laid off good luck and godspeed.
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I agree! They were unprofessional and downright nasty with their employees.
This plus August:
There were multiple rounds of layoffs in originations at the end of February, March, April and May, affecting both Newrez and Caliber teams, former employees said. Documents filed with the Securities and Exchange Commission show that New Residential had 12,293 employees in December 2021, and 11,324 in March 2022.