Imploding- would not shock me if company ends up bankrupt - Underwriter Rocket Employee Review

1.0
Oct 8, 2022
Recommend
CEO approval
Business Outlook

Pros

Nice Paid time off package

Cons

Looking for any reason possible to fire people. Would rather create an environment where attrition is emphasized verse ripping the band aid off and doing layoffs. Avoiding layoffs because of bad press and paying unemployment. The recent buyouts were not “voluntary.” It was either take the buyout or go to banking that’s already overstaffed. Pay has been cut across the entire company. If you are fresh out of college DO NOT WORK HERE…RUN

Explore other reviews about Rocket

5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits and a fantastic culture!

Cons

Long hours and always changing

2.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Health Benefits; Remote Availability; Base Salary

Cons

Leadership is lost, Heather Lovier at the helm is driving banking force to the ground. Many bankers going on leave and quitting. Constant change in comp plan for the worse in a difficult rate environment with high inflation in the economy is a recipe for disaster. Team leaders are scared of their own shadows, no say in direction while upper leadership stare at spreadsheets to make decisions instead of having a real pulse on what’s really happening on the front line. Banker morale at an all time low.

2
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