Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs

  • 📰 Forbes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Last week, home-selling platform Opendoor blamed 'one of the most challenging real estate markets in 40 years' as it laid off 550 workers, and Wells Fargo is reportedly eyeing thousands of job cuts.

“The changes we’ve recently made are the result of the broader rate environment and consistent with the response of other lenders in the industry,” a Wells Fargo spokesman told CNBC in a statement, adding the bank"regularly" adjusts staffing levels to align with market conditions.

"Layoffs are not yet rising— and the bar to letting people go probably is higher than in previous cycles, given how much trouble firms had re-hiring people after the initial Covid shock—but that likely will change over the next couple months," says Shepherdson.Home improvement giants Home Depot and Lowe's are sure to give an update on how the housing market downturn has impacted business when they report earnings next Tuesday and Wednesday, respectively.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 394. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Costco stock cut to market perform at Wells Fargo on headwindsWells Fargo analyst Edward Kelly on Monday cut his rating on Costco Wholesale Corp. undefined to equal weight from overweight and reduced the retailing...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »