Detroit-based Rocket Companies is offering voluntary separation packages to some employees as part of its consolidation following last year’s acquisitions of Mr. Cooper Group and Redfin.
“Rocket, Mr. Cooper and Redfin share a vision of a stronger, more connected homeownership platform built for long-term strength,” a Rocket spokesperson said. “As integration has progressed, we identified overlapping responsibilities and areas for increased efficiency.”
The spokesperson said voluntary career transition plans have been offered to select areas of the business but did not specify which teams or how many employees are affected. The news was first reported by The Mortgage Scoop.
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