Ellie Mae announces layoffs of 10% of its staff

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Employee expenses were $10.3 million higher in 2018 than 2017, because of the additional headcount, the SEC filing said. In the fourth quarter of 2018, Ellie Mae reported net income of $84,000, compared with $12.4 million in the third quarter of 2018 and $9.9 million in the fourth quarter of 2017.

Ellie Mae announces layoffs of 10% of its staff | 2019-05-20 . By admin 2 months ago . Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo, a restructuring. Mortgages Trump announces in NAR speech that he’s lifting steel and aluminum tariffs | 2019-05-17.

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Ellie Mae lays off 10% of its staff after recent acquisition. brad finkelstein MAY 17, 2019. 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.

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Ellie Mae announces layoffs of 10% of its staff – HousingWireSource: Layoffs – Google NewsPublished on 2019-05-202 months ago

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Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo, a restructuring that includes the layoff of about 10% of its staff.

Ellie Mae announces layoffs of 10% of its staff Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo, a move that includes the layoff of about 10% of its staff. The company explained those let go are being offered severance packages to help with the transition.