Stratrix
On the Record · Maverick Merger Sub 2

Maverick Merger Sub 2 layoffs, on the record

Every job cut, severance charge and restructuring Maverick Merger Sub 2 reported in its annual reports, 2022 to 2024, quoted from the filings. Headcount went from approximately 6,600 to approximately 7,900.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2022approximately 6,600December 31, 2022
10-K for 2023approximately 6,800December 31, 2023
10-K for 2024approximately 7,900December 31, 2024

Job cuts, severance and restructuring

  1. Our summaryThe company rightsized its business and eliminated about 1,400 positions in 2022, including 1,200 in its Originations segment, due to rising interest rates and falling demand for originations. In 2022 · Affected: approximately 1,400 positions, including 1,200 positions in our Originations segment

    Word for word“In 2022, we rightsized our business and eliminated approximately 1,400 positions, including 1,200 positions in our Originations segment, due to the rising interest rate environment and declining demand for originations.” 10-K for 2022

  2. Our summaryThe company rightsized its Originations business and eliminated about 1,200 positions during 2022 because of rising interest rates and lower demand for originations. During the year ended December 31, 2022 · Affected: approximately 1,200 positions

    Word for word“During the year ended December 31, 2022, we rightsized our Originations business, and eliminated approximately 1,200 positions due to rising interest rate environment and lower demand for originations.” 10-K for 2022

Maverick Merger Sub 2 has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Maverick Merger Sub 2’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.