Did anyone in marketing get laid off?
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Definitley wasn't 150. Some originators got laid off but mainly just the ones who weren't producing or were focused on office which is struggling. Layoffs were more focused on deal support staff who were salaried and a lot of IT. Some senior management layoffs too.
I heard the number was 150 people, in all categories including producers (originators) which was surprising since most of those people worked from home and utilized very little company resources, space, and a staff. I can see cutting expenses but cutting your rainmakers who don’t get paid unless they produce is surprising.