Highlands Ranch, Colorado-based Urban Fulfillment Services, a business process outsource vendor for the financial industry and a subsidiary of New Delhi, India-based HCL Technologies has announced the closure of its Westlake Village, California office and laying off 85 employees, including financial analysts, credit risk analysts, financial associates, support staff, and team leaders.
This should not come as a surprise to employees since the company’s acquisition by HCL in 2017 for approximately $30 million. The company specializes in outsourced mortgage operations including document production, fulfillment, debt collection and servicing.
It can happen to anyone, anytime, anywhere ... are you wondering, Am I Next?