Thanks in advance.
Layoffs and RTO
Any more additional Layoffs coming? Any updates to return to office?
Promotions?
Any promotions happening this year?
Should be quiet until middle of next week
These moves are thought out and strategic. 100 or so a week is flying under the radar. If they did 1500 or 2000 in one shot, it would trigger headlines.
More people are being let go today
It's not a rumor, it's not fear mongering, it's a fact. If you didn't hear about it today, it will trickle down to you in the next few days.
Okay give some clarity
My buddy works here and is a programmer I'm actually worried because he doesn't talk to much does anyone have any actual news or is it a bunch of doom saying
There is no end in sight
Prepare for another big one.
dose FM collects badge when terminates of we can discard
if we get message work from home that day and attend a meeting, and if layoff in that meeting, how the return of the badge and laptop handled.
Is it finally over?
Or are there more layoffs pending?
How is this Friday looking?
Who is in jeopardy?
CapOne / Big Tech like Agile Layoff coming?
Heard that a Big Tech style mass layoff removing Agile Roles (Scrum Masters, Coaches etc..) coming soon in anticipation of moving towards self-managing T Shaped roles. Anybody else heard?
Lenders
Does anyone know what, if any, lenders are hiring for multifamily underwriter positions? Is the market totally swamped with agency folks trying to land somewhere or is there still hope?
Palantir Integration
Seems like Palantir is being integrated to automate workflows and potentially terminate in-house development teams like fraud detection etc. Anybody have more insight?
Workloads keep increasing while headcount decreases
Because that's a great long-term strategy, right?
Going public
Trump just officially announced plans to take Fannie Mae and Freddie Mac public. Major changes could be on the horizon for employees, depending on who ends up as the majority owner.
Pulling the disappearing act
So my direct boss and a senior manager both vanished last month. No farewell email, no transition, just poof. You’d think after years with the company they’d at least fake some enthusiasm on the way out. Makes you wonder what memos we aren’t getting... — read more
Fr
Freddie mec
Tech Layoffs Friday
Got locked out mid workday with no notice, got an email a few hours later detailing that Fannie Mae is “realigning our resources to meet corporate priorities and business needs. As a result, we regret to inform you that Fannie Mae has made the... — read more
Any new talks of layoffs?
It seems pretty quite recently. Maybe they are done with all the layoffs? Is anyone hearing anything new?
Worker's Classification Updates
A few days ago I was notified by email by Enterprise Workplace that I am being reclassified from FLEX to REMOTE. I believe if you are playing a critical role within the company, they will change your worker's classification in order to keep you... — read more
Asking remotes to return to the office is an attrition strategy
Most people either won’t or simply can’t relocate. I just hope severance is being considered in all such cases.
Relocation - What Divisions?
I am in EROW as a FLEX employee but am not near a office but have not gotten an email for relocation. When is this email suppose to come out if its real?
Remote workers given deadline
Today, remote workers company wide were told to move back by 10/1 or be let go. They have until mid-June to let the company know their plans.
ESG team at Fannie Mae has been terminated
The environmental, social, and governance (ESG) team at Fannie Mae has reportedly been dismissed in its entirety, according to multiple sources who spoke with... — read more
Remote worker quarterly visits
Any update on this? Have you been told you need to start planning Q2 visit? They are tracking everyone to see who’s coming in and who isn’t. Will you get fired if you don’t make one of the quarterly visits?
More layoffs?
It seems everyone agrees more cuts are on the way. The uncertainty is overwhelming.
Which divisions were impacted by the layoffs?
I heard that over 100 were laid off due to ethics violation but the rest were due to restructuring…
Still one of the better options
I know this is an uncertain time and we are not used to this. Despite these layoffs, this remains one of the best places to work. Say what you will, but I have been here for five years and the pay, benefits, culture, atmosphere, and people have never... — read more
Was Priscilla let go tonight?
Rumors on social channels. No confirmation from an authoritative source yet however.
Plano Office
Walked in this morning and noticed a handful of people trying to gain access only to be told by security that they no longer have it and to contact HR. Not sure if this is related to layoffs or if we're telling contractors that their services are no... — read more
Layoff criteria?
I can’t seem to figure it out. It appears that some of the older, more experienced employees were disproportionately affected - which doesn’t seem like the smartest approach, but hey. I’m nearing fifty, and I’m a bit concerned that the likelihood of... — read more
Does Fannie Mae do PIPs?
At my last company, they followed up layoffs with ridiculous PIPs. Even some of our best people were not spared. Most walked out on their own, but those who stayed were eventually fired. Could something like that happen here? I haven't been here long... — read more
I’m honestly scared of losing my job
I don’t like it, and I wouldn’t mind being laid off if there were other options. But given the circumstances, I’m terrified. Most of us have dependents and financial obligations, and we simply can’t afford to be jobless for more than a few weeks—or... — read more
How’s this week looking?
Should we be worried about more cuts so soon, or are they giving us a few months' reprieve?
news
https://timesofindia.indiatimes.com/city/vijayawada/us-firm-sacks-700-employees-200-laid-off-on-ethical-grounds/articleshow/120031296.cms
Is the layoff over for this year?
Will there be more layoffs?