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The large mortgage lender, which has offices across the country, is cutting an additional 187 positions at its Greenwood Village office after announcing it would eliminate a total of 420 jobs in two previous rounds of cuts.
Pennsylvania-based NuRez said the latest job cuts began Aug. 26 and are likely to be permanent. The company notified the Colorado Department of Labor and Employment of the cuts in a Worker Adjustment and Retraining Notice dated June 27.
NuRes wrote to the state in May informing it that 103 jobs would be eliminated, and on June 6th notified it that a further 317 jobs would be phased out.
“We take all personnel decisions very seriously and are committed to supporting affected employees through this transition period,” a Newrez spokesman said in an email Wednesday.
The company did not say how many employees would remain at its Greenwood Village office after the cuts or whether the office would remain open.
The mass cuts follow the acquisition of Computershare Limited Services by Newrez owner Rithm Capital Corp. Rithm completed the $720 million acquisition in May.
Lisum said in an earlier statement that it had acquired Computershare-related companies, including Specialized Loan Servicing LLC, which merged with NuRez. The layoffs at NuRez were reported in Arizona and Florida.
Read more at The Denver Post