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| Guaranteed Rate Lays Off Production Employees
Company still expects record hirings in 2018
March 9, 2018
By Mortgage Daily staff
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More than a hundred employees have been laid off by Guaranteed Rate Inc. But the company says that it still has plans to hire more new employees this year than in any other previous year.
The Chicago-based mortgage banking firm said in a written statement to Mortgage Daily that it has taken steps to
re-balance the organization.
The job cuts targeted areas where Guaranteed Rate was overstaffed, according to the statement. Impacted positions are in loan production. |
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