General World News

CU Direct’s Origence hit with layoffs

CU Direct’s Origence, which provides mortgage loan tech to lenders, has laid off nearly three dozen workers.

A company spokesperson said Origence laid off 34 employees on Aug. 17, in multiple departments, as it continues to “build efficiency in its technology operations.”

In a written statement, Bob Child, COO of Origence, said that letting go of talent is “never easy” but is required at times to “remain competitive in the marketspace.” He did not offer specifics on what motivated the layoffs. A spokesperson declined to say what percent of its total workforce the layoffs represent.

“Over the last three years, we have accelerated details ⇒

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