Rocket Companies eliminated about 50 positions last week amid the industry rightsizing with layoffs in the higher-rate environment.

“As is common practice in all companies, Rocket regularly looks at the priorities of the business and what roles are needed to achieve those goals,” Aaran Emerson, a Rocket spokesperson, said in a statement. The eliminated positions represent less than one-quarter of one percent of the roles in the company, Emerson added.

Positions that were affected include software engineers at Rocket Central and Rocket Mortgage, according to LinkedIn posts from affected employees.

“Unfortunately, I count to be one amongst those 10% employees cut down at details ⇒

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