Mortgage Daily

Published On: December 27, 2012

As CoreLogic Inc. implements plans to exit one of its businesses, an office located in Texas is being shut down in a move that will result in dozens of layoffs.

The data information services provider filed a Workers Adjustment and Retraining Notification with the Texas Workforce Commission on Dec. 20.

The notice indicated that the office, which is located in San Antonio, is expected to close on or before March 1, 2013.

A letter to the state from CoreLogic Vice President Thomas “Chris” Brinkley indicates that 85 people are employed at the office.

However, a statement from a spokeswoman for the Santa Ana, Calif.-based company indicates that only 56 local employees and “a small number of temporary staff” work at the location.

The impacted business is a “discrete operating unit of CoreLogic Claims Outsourcing,” according to the letter to the state.

A majority of the terminations will occur on March 1.

“These actions are consistent with the company’s previously announced plans to exit the claims outsourcing business and the company’s ongoing commitment to core business growth and operating efficiencies to remain competitive and profitable,” the spokeswoman stated.

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