Dan Gilbert
Dan Gilbert’s Detroit-based Rocket Companies is offering “voluntary” buyouts to reduce its headcount as it integrates two new acquisitions that cost about $16 billion, Crain’s Detroit Business reports.
“As integration has progressed, we identified overlapping responsibilities and areas for increased efficiency,” the company said in a statement, according to Crain’s.
Those who opt in “will receive a tenure-based severance package, health benefits for up to 12 months, and personalized transition support, including job search assistance,” the statement continues. “The program is designed to provide meaningful support and transition time for those who choose to pursue opportunities outside the company.”
The company did not say how many people were offered the buyout or how many accepted it.
