Ocwen planning to lay off more than 2,000 mortgage employees

Ocwen planning to lay off more than 2,000 mortgage employees
Ocwen Financial plans to reduce its overall workforce by more than 2,000 employees over the course of this year, as the nonbank moves to reduce its costs after its $360 million acquisition of PHH. According to Ocwen, the company has already laid off 700 employees and plans to lay off 1,600 more by the end of the year, for a total reduction of 2,300 employees.
Source: https://www.housingwire.com/rss