Another series of job cuts is set to strike PHH Corp.’s upstate operations,where the workforce continues to shrink due to a loss of mortgage subservicing business and a transfer of business to another market.
Effective March 31, 80 employees will be laid off, or according to a WARN notice filed December 15 with the original York State Department of Labor. That leaves approximately 120 employees,but a spokesperson for the Mount Laurel, N.
J.-based mortgage service provider (NYSE: PHH) said there will be even…
Source: bizjournals.com