/Report: Gilberts Bedrock lays off 60 employees – Detroit Free Press

Report: Gilberts Bedrock lays off 60 employees – Detroit Free Press


A motorcycle sits on a cracked sidewalk in front of 1300 Beaubien, the former police headquarters is owned by Bedrock and sits empty with no construction activity on Tuesday, June 11, 2019.

Dan Gilbert’s Bedrock real estate firm has laid off about 60 employees, according to news reports.

The layoffs, first reported by Detroit Metro Times, occurred Monday via a prerecorded Zoom meeting video bearing news that job positions had been eliminated.

The affected employees also had live one-on-one conversations with a manager, a Bedrock representative told the Free Press late Monday.

Bedrock told Crain’s Detroit that the layoffs were part of a restructuring and that some workers are taking jobs at other businesses in Gilbert’s organization and those who don’t will get severances.

More:Dan, Jennifer Gilbert announce $500 million investment in Detroit neighborhoods

More:More than three years after it broke ground, the Hudson’s site tower is now above ground

Bedrock owns or controls nearly 100 buildings in Detroit, mostly in downtown. The company did not respond to a request for further comment. 

The Hudson's Site under construction on March 9, 2021, in Detroit.

Bedrock is constructing a large commercial, residential and hotel tower on the site of the former Hudson’s department store, although it has yet to announce any major tenants for the building. The project broke ground in late 2017 and is expected to open in 2024.

Gilbert last week announced plans to spend $500 million in Detroit over the next decade as a philanthropic gesture, with the first $15 million earmarked to help cover residents’ delinquent property taxes.

ContactJC Reindl at313-222-6631 or jcreindl@freepress.com. Follow him on Twitter @jcreindl. Read more on business and sign up for our business newsletter.

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