First Guaranty Mortgage Corporation Cuts 80 Percent Of Staff
Power buyer Orchard also reportedly laid off about 100 employees amid market slowdown
Power buyer Orchard also reportedly laid off about 100 employees amid market slowdown
The company has also confirmed plans to dial back expansion efforts
The mortgage lender infamously cut 900 staff in December via Zoom and 3,000 more staff last month
The latest cut follows last year’s disastrous—and now viral—lay off of 900 employees in a group Zoom meeting
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