If you work in the mortgage industry, do yourself a favor and avoid working for Guaranteed Rate. Just Google "Guaranteed Rate Layoffs" and the articles will speak for themselves. Years back, Victor Ciradelli - the CEO who is out of touch with his employees, paid/rewarded the employees PRIOR to the massive layoff, to write reviews praising the company to "bury" the negative reviews. They have no ethics or soul.
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Weeks after bombshell report, Guaranteed Rate board hasn't met to discuss founder's leadership, CEO Victor Ciardelli. The board of directors at mortgage lender Guaranteed Rate have not held a meeting to discuss the leadership of founder Victor Ciardelli since the Chicago Tribune published a report in mid-June painting a picture of a toxic work environment at the company. Link - https://www.chicagobusiness.com/finance-banking/guaranteed-rate-board-hasnt-met-discuss-victor-ciardelli
Surprise, surprise!
Former Guaranteed Rate (now known as just "Rate") employees allege toxic workplace. Source: https://www.chicagotribune.com/2024/06/15/guaranteed-rate-toxic-environment/
This is true. From 2019: For example, last summer, unhappy workers from Guaranteed Rate Inc. posted many negative reviews on Glassdoor. This decreased the company rating from 5 to 2.4, causing a lot of damage to the company’s image. To fix this bad publicity, their CEO pressured employees to post positive reviews. Soon after, Glassdoor was flooded with hundreds of 5-star reviews. This boosted their ratings from 2.6 to 4.7, proving how simple it is to inflate rankings on Glassdoor. Here is the article: https://wizardsourcer.com/the-secret-world-of-glassdoor-rankings/#google_vignette
https://www.chicagotribune.com/2024/06/15/guaranteed-rate-toxic-environment/
https://www.chicagotribune.com/2023/08/30/guaranteed-rate-continues-layoffs-as-housing-market-slowdown-persists/