Ocwen Financial Corp. Layoffs

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Topics regarding layoffs at Ocwen Financial Corp.

Ongoing Layoff

There were around 20-30 employees that were laid off in the late 2017 and early 2018. Most of them were tenured employees. Even the bosses have been elimated. There is no job security in Ocwen.
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Layoffs at Ocwen India

Guys, hundreds have been thrown out of the company with a severance package. It's begun and by November most of them at Ocwen are going to be jobless.
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Ocwen Financial Layoffs 2017

It's all OK when it comes to executive bonuses, but at the same time there are many gossips and rumors about layoffs in Atlanta.
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downloadbesttorrentblog.rus have begun.

Ocwen Financial with offices in West Palm Beach, FL, Coppell, TX and Houston, TX among other locations had begun layoffs. So far, looking at 200 or more. Mostly from the Coppell office. Many jobs getting outsourced.
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Ocwen layoff 2014

Thanks to Ocwen sending my job over seas, I qualified for the Trade act, where the government pays you for 2 years and pays for you to go to school for 2 years. it has been one of the best experiences of my life. Relaxed and get an Associates degree.
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Ocwen Financial Layoffs 2016

What is the likelihood of Ocwen Financial layoffs in Atlanta in 2016? Please let me know if you have any information.
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Careful with what you write: But when they saw the final paperwork for their settlement, they found that Ocwen Financial Corp, the company that collected and processed their mortgage payments, had added an extra clause: they could not say or print or... read more
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Massive cuts

Large number of fairly recent acquisitions prompted Ocwen Financial Corp. to issue layoff notices Tuesday to more than 800 employees across the country. The number includes 238 at the former GMAC Mortgage operation in Waterloo. Before the move, and a... read more
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Leaders or Cowards at Ocwen Fort Washington Pennsylvania?

The leadership at Ocwen Fort Washington no longer have the guts to look at those people whose dedication and loyalty to a company we all knew from day one was doomed. Now that it is beginning to come to light the cowards walk with their heads down... read more
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Despidos en México?

Saben si habrá despidos en México?
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What about Waterloo?

Anybody heard anything?
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Approximately 244 employees were affected by downloadbesttorrentblog.rus in the Fort Washington, Pa building. However, no manager or team lead were affected by this. Why is that? In most cases they also would eliminate management staffing.
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800 people is a bit too much

how many employees do we have right now, something like 7K? so, 800 people would be ~10%. A bit too much in my opinion, on the other hand Ocwen is a weird animal...
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In Waterloo

Apparently 800 people are leaving the company. No advanced notice of downloadbesttorrentblog.ru.
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We were hit badly at FortWashington. It really sucked to see so many of my friends walking around with white envelopes. I was walking around with one as well. The Government loves to levy taxes on people, how about a tax on sending all of our jobs... read more
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Disgruntled Employee#1

I am grateful to still be employed since I wasn't on the chopping block today but Ocwen for lack of better words is full of shit. I am disgusted with the companies actions and this layoff has been planned a long time ago. They had no discretion in... read more
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Anybody here from Atlanta? What's the news?
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Fort Washington

Question for FW - Who was affected? What was the severance?
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The same email

Hundreds of people will be without a job next year as a major Waterloo employer has announced layoffs. Ocwen Financial -- the company that purchased GMAC Res-Cap's holdings last year -- will lay off 238 people next year. "After a long and thorough... read more
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Was Liberty the only Ocwen unit affected today?
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will be worse
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Reverse Mortgage Program

We all saw the issues, nobody should be surprised
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Otto Kumbar

What a sleazy email
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250 will be let go next year in Waterloo... It's a bloodshed...
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10% of opperation and support personnel laid off today!

As you may be aware, the reverse mortgage program has undergone a number of changes over the last year with additional changes planned in Q1, 2014. While these changes will help better position our industry for long-term growth, industry volume has... read more
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Hi, anybody has details about severance? I am with OCWEN for about 4 years now, I might get axed... Just a gut feeling...
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