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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, October 3, 2017

Home Capital cuts 65 jobs as part of cost saving, head count down 10% since June

Home Capital Group Inc. says it has eliminated 65 jobs from its workforce as part of a program to cut $15 million in annual costs.

The Toronto-based alternative mortgage lender says after factoring in the latest job cuts, the company's head count has been reduced by 10 per cent since the end of June.

Home Capital said Monday it cut the 65 full-time positions from its operational, sales and underwriting division.

In February 2017, the company announced an expense-savings initiative called Project Expo, which targeted annual cost savings of $15 million.

Home Capital says Project Expo is largely complete and it expects to achieve its goal.

However, the alternative mortgage lender says it is still facing elevated expenses after a run on deposits by customers in April, following allegations by regulators that it misled investors.

MBN

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