1.0
Oct 30, 2023
Anonymous employee
Current employee, more than 5 years
Atlanta, GA
Recommend
CEO approval
Business Outlook
Pros
Newrez is a company where more effort and a little bit of luck will advance your career
Cons
The company is highly dependent on the health of the broader home buying market, and layoffs will happen without notice across all departments within the company when the market takes a downward turn. In my experience coworkers were laid off regardless of contribution level or aptitude if their specific projects weren't critical to keeping the company afloat during lean times. Projects can be layered on thick, scope creep is inevitable, and company leaders will circumvent managers to place additional expectations on high performing ICs directly. Benefits are middling, and career progression is as much about luck as it is about aptitude.