There's a video on Youtube (google Pennymac Layoffs 2024) from some lady in the mortgage industry saying that Pennymac will be laying of 56 employees from three offices in CA on January 16th. Haven't seen anything else about it online with a WARN notice or anything else so I'm not sure if it's real or fake news. Any thoughts? Anybody know who she is?
1 reply
Pennymac Financial Services issued pink slips to more than 80 employees in November as it faced tough headwinds in 2023.
A total of 84 staff were affected at five offices in Pasadena, Roseville, Agoura Hills, Westlake Village and Moorpark, California, according to a Worker Adjustment and Retraining Notifications (WARN) alert submitted to the California’s Employment Development Department (EDD) in late December...
________________________________
Expected separation dates for the affected employees were either December or January.
https://www.housingwire.com/articles/pennymac-issued-pink-slips-to-more-than-80-staff-at-year-end/