Mortgage company layoffs hit Charlotte
Movement Mortgage said Thursday it is laying off 100 employees nationwide, including 18 in the Charlotte area, as the lender founded by a former Carolina Panthers player braces for an industry slowdown.
Movement, based in Indian Land, S.C., attributed the cuts in operations positions to slower than expected loan growth. Affected jobs in the region are all at the company’s headquarters, Movement said.
Source – The Charlotte Observer
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