Nima Ghamsari | Source | CEO and Co-founder at Blend
Nima Ghamsari
Nima is co-founder and chief executive of Blend, in addition to chairing its board of directors. He leads the company’s corporate and product strategy toward the vision of a simple, transparent, and accessible financial services ecosystem.
Nima speaks regularly about the evolution of lending and technology’s role in driving proactive finance. His achievement and entrepreneurial vision were recognized by his inclusion in Fortune’s 40 Under 40 list in 2020. Prior to founding Blend, Nima was one of the first employees of the commercial group at Palantir Technologies, where he worked to solve major data challenges for the financial sector and advised its CEO. He holds a B.S. in computer science from Stanford University.
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Blend (https://blend.com/)
CEO and Co-founder
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Blend Labs Lays Off 10% Of Its Workforce
Blend Labs Inc., a mortgage technology company based in San Francisco, laid off 10% of its workforce this week, citing efforts to “improve cost efficiency and better align its operating structure with its business activities.” In a filing with the Securities & Exchange Commission (SEC), the company said it planned to eliminate “approximately 200 positions across the company, or approximately 10%” of its current workforce.
Article
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Some of our operational businesses, such as our title insurance agency in particular, are seeing the negative impact of higher rates and reduced refinance activity. As a result, we made the difficult decision to lay off about 10% of our employees. Making these decisions is never easy, but we are committed to making our employees’ transition as smooth as possible.
