Another round of layoffs hit hundreds of Newrez employees in Colorado, the second so far this year in the state. It follows the the lender’s recent acquisition of Computershare Mortgage Services and its affiliate Specialized Loan Servicing (SLS). Newrez, owned by asset manager Rithm Capital, is imposing a workforce reduction of 317 employees at its [...]read moreNewrez to lay off 317 employees in Colorado
By Reuters API Published Apr 21, 2024 Nike will lay off about 740 employees at its world headquarters in Oregon, a letter showed on Friday, as the top sportswear maker looks to rein in costs after warning of a revenue dip in the first half of fiscal 2025. Reuters The “second phase of impacts” would [...]read moreNike to lay off 740 employees at Oregon headquarters
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees were impacted, a report in Fintech Business Weekly pegs the number to be about 17 people, or about 15% of the company. Doing the math, that means [...]read moreSynctera is the latest banking-as-a-service startup to lay off staff
Few categories are as ripe for automation-fueled disruption as construction. The industry is valued at around $2 trillion a year, in the U.S. alone. Much of that work is strenuous, repetitive and sometimes dangerous — precisely the sorts of problems industrial robotics are built to solve. The other thing construction brings is a wide range [...]read moreDutch startup Monumental is using robots to lay bricks