Ellie Mae lays off 10% of its staff after recent acquisition

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Mortgage technology company ellie mae, which was recently bought by private equity investor Thoma Bravo, underwent restructuring and reduced its staff by 10%. Based on prior public filings, the company eliminated approximately 160 positions. As of Dec. 31, 2018, Ellie Mae had about 1,570 employees, according to a Securities and Exchange Commission filing.

Ellie Mae lays off 10% of its staff after recent acquisition Mortgage technology company Ellie Mae, which was recently bought by private equity investor Thoma Bravo, underwent restructuring and reduced its staff by 10%.

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Ellie Mae lays off 10% of its staff after recent acquisition Mortgage technology company Ellie Mae, which was recently bought by private equity investor Thoma Bravo, underwent restructuring and reduced its staff by 10%.

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The pro-rata share, often referred to as the Rentable/Usable (R/U) Factor, will typically fall in a range of 1.10 to 1.16, depending on the particular building. Typically, a full floor occupancy will have an R/U Factor of 1.10 while a partial floor occupancy will have an R/U Factor of 1.12 to 1.16 times the Usable Area.

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He will stay on until formal completion of the Treasury's portion of a housing. ellie mae lays Off 10% of Its Staff after Recent Acquisition.

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Why that great mortgage rate offer might not apply to you Your new mortgage deal might not be as good as you first thought Posted on July 3, 2017 by Stephen Little in News with 0 Comments Borrowers attracted by some of the record low mortgage rates on offer at the moment would be wise to check the fees before they make a decision.