Wednesday, July 27, 2016

Ditech "to lay off 65 in Greensboro"

"Ditech Financial LLC plans to close its regional office in Greensboro and lay off 65 employees as of Sept. 21.

...Among the cuts will be a regional manager, two REO (real estate owned) managers, three assistants, two directors of collections and a job coach.

...the firm said a shift in the mortgage industry to a more “normalized” market caused it to reevaluate its operating model.

If Greensboro's market was hopping, 
they wouldn't have the layoffs

"...we have redesigned our collections and loss mitigation roles, and have made the decision to consolidate some servicing and technology functions to our larger operations sites to gain greater efficiencies across our business."


Katie Arcieri covers manufacturing, transportation/logistics, aviation, textiles, tobacco and furniture. Contact her at 336-370-2913.