CHARLOTTE – Real Genius, a business operation of FirstBank, will close a facility in Charlotte and lay off 74 workers, according to a legal notice filed with the North Carolina Department of Commerce.
The notice, required under the Worker Adjustment and Retraining Notification (WARN) Act, states that the layoffs will occur between July 15 and August 15. WRAL TechWire received the notice upon request. The company states in the notice that the facility, located at 500 E Morehead Street in Charlotte, will close, and in the state’s WARN report, which documents layoffs and closures, the decision is marked as a “closure permanent.”
“As we reviewed the business structure, and financial standing to sustain the Real Genius Operating Unit, it was determined to cease operations,” the notice reads.
Signed by Greg Freeze, the director of human resources at FirstBank, the notice indicates that employees were told of the closure and layoffs on May 13, 2022.
Real Genius changed its name and brand earlier this year from ConsumerDirect Mortgage, according to a statement.
In November 2021, Interfirst Mortgage Company filed a notice with the state that it planned to lay off 77 workers who were reporting to the company’s Charlotte office.
