PHH Mortgage Corp. notified the state Friday that it will lay off 365 finance and insurance employees from Friday through Dec. 2.
PHH, which operates at 5201 Gate Parkway in Southside, filed a Worker Adjustment and Retraining Notification notice.
PHH spokesman Dico Akseraylian confirmed the company is laying off a third of its Jacksonville work force. About 700 remain. PHH is based in Mount Laurel, N.J.
The layoffs follow those by JPMorgan Chase & Co., which filed in September to cut 186 Jacksonville jobs in its mortgage operations from Nov. 22 to Jan. 1 as rising interest rates reduce refinancing activity.
Wells Fargo and Bank of America also have been cutting jobs in their mortgage operations.