Tag: DAN GILBERT
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Rocket Companies Workforce Decline Amidst AI Integration and Profit Growth
Rocket Companies has experienced a reduction in workforce due to AI and automation, resulting in a decrease from 26,000 to 14,200 employees by the end of 2024. Despite the job cuts, the company reported a net income of $636 million and significant growth in loan volume. Overall trends in the housing market indicate optimism moving…