NORTH HIGHLANDS, CA – The employee parking lot at HomEq Servicing in North Highlands was emptying out Wednesday morning as 924 employees learned they would be losing their jobs in a new owner consolidation move.

HomEq Servicing is a loan modification company.

Rumors of the job cuts surfaced Tuesday. Employees told News10 if they talked to reporters, they had been warned they would lose their severance pay.

Wednesday, workers received official word of the layoffs. They were told they would be paid through Oct. 29 on the condition they return to work through Sept. 30 and then left.

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