Rocket Companies, the parent company of Rocket Mortgage, extended the second round of voluntary career transition offers to employees amid the company’s forecast of much lower origination volume in the third quarter.
“We recognize career growth options in certain areas of our business are limited right now, while the housing market normalizes following two years of unprecedented volume,” said Mike Malloy, chief administrative officer for Rocket Central.
The buyout offer, which was extended on Friday, is a “completely optional plan, which will apply to a small percentage of our team members,” Malloy said. The voluntary buyout follows requests from employees that are details ⇒
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