Very bad energy on the floor as the firings continue - Underwriter Rocket Employee Review

40% of my team has been fired this past year. I understand some were justified, but to say that this is just a coincidence is absurd! The majority of the people that have been fired have been here for anywhere between 5-15 years. Clearly upper management is firing people to cut costs and the change in the mortgage market. They claim that these firings are warranted, but that's not the case, and some of the rationale behind the firings would not have been grounds for termination last year. It's very worrisome and disheartening to see what has become of this once great company. I'm now taking medication to help deal with the day to day stress associated with being here and will hopefully find employment elsewhere soon. To anyone who's considering working here, just know that this company is continuing to go on a downward spiral. I would recommend a company that offers growth, as compensation has been on the decline here of the past few years, and that trend doesn't look like it's going to stop anytime soon.