Rocket Companies has begun offering voluntary buyouts to select employees as it continues integrating recently acquired Mr. Cooper and Redfin.

In a statement, the company wrote that the move is a part of an effort to increase efficiency.

“Rocket, Mr. Cooper and Redfin share a vision of a stronger, more connected homeownership platform built for long-term strength," the statement read. "As integration has progressed, we identified overlapping responsibilities and areas for increased efficiency."

Rocket declined to provide details on how many employees were offered the transition plan or which areas of the business are affected. The company also declined to comment on whether the cuts were related to the implementation of AI tools.

Employees who opt into the program will receive their full 2025 bonus, a tenure-based severance package, up to 12 months of health benefits and personalized transition support including job search assistance, according to Rocket.

The company said the program is “designed to provide meaningful support and transition time for those who choose to pursue opportunities outside the company.”

The workforce reduction comes after Rocket Companies acquired Redfin, an online real estate search platform, in July 2025 and Mr. Cooper, which specializes in servicing home loans, in October 2025.

The company that month announced a workforce reduction impacting less than 1% of employees following its acquisition of Mr. Cooper.

During the company's fourth-quarter 2025 earnings call last month, Varun Krishna, CEO and director of Rocket Companies, said Redfin had generated $140 million in cost savings in less than six months and that savings from Mr. Cooper were expected sooner than a previous 2027 timeline.

"What makes Rocket unique is two simple words: ecosystem and platform," he said. "Rocket's ecosystem stands apart. We connect serious buyers with agents, loan officers and brokers. We make home ownership easier. We move the needle on affordability and access, and our platform technology delivers the best client experience period. We are the only player that spans home search, mortgage origination, servicing, title and closing."

©2026 www.detroitnews.com. Visit at detroitnews.com. Distributed by Tribune Content Agency, LLC.