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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 believes the Origination Insight Report is a strong proxy of the underwriting standards employed by lenders across the country. In addition to the Origination Insight Report, Ellie Mae also distributes data from its monthly ellie mae millennial Tracker on the first Wednesday of each month. The ellie mae millennial tracker focuses on.

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ELLIE MAE Inc. Layoffs – TheLayoff.com – 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.

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