CHARLOTTE, N.C. — Fort Mill-based Movement Mortgage will lay off 180 employees nationwide as of Friday — its third round of layoffs this year.
The Charlotte region is taking the majority of the hit, as 75 employees here will receive pink slips come tomorrow. Other areas affected include: Norfolk, Virginia, with 43 people laid off; Tempe, Arizona, with 26 people; and Richmond, Virginia, with 35 people.
“This was a very difficult decision because it affected teammates we love. We are incredibly grateful for their contributions. We believe we’re taking the necessary steps to continue to provide outstanding service for our customers, loan officers and communities long-term by adjusting to the reality of the mortgage business today,” says Chief Executive Casey Crawford.
Movement laid off 100 people across the same four locations in May, 18 of whom were based in the Charlotte region. Prior to that, another 75 people were laid off in those locations in February.
Read the full story here.
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