Placester makes mass layoffs, reinstates original CEO

Some staff members who were laid off were informed Thursday. Others
including those at the executive level were told earlier so that
they could work on the transition, Price said. All employees
leaving Placester will be given severance, he added, which will be
based on tenure at the company.
Source: FS – All – Real Estate News 2
Placester makes mass layoffs, reinstates original CEO