I am trying to sort things out as a dev I am wondering if I should pack up my bags now or just ride it out everyday is really tense.

I accepted a job offer at Fannie Mae, but recent news and information on this site are making me wonder if I made the right decision. What is it truly like working there right now?

I’ve been digging around, but I keep running into dead ends. Nothing’s in the news, and I haven’t seen any official updates - unless I totally missed something. Is there any way to find out how many folks got laid off these past few weeks? — read more 

I kind of hope so. I’d be first in line to accept. I don’t hate my job or the company, but things are shifting just a bit too much for my taste. Might be the right time to look for greener pastures before it gets worse. So here’s hoping for a... — read more 

Did anyone get laid off today?

I heard that some people were laid off today due to ethical reasons. No idea what this means. Did anyone hear anything?

We all know it’s just a way to drive attrition. They’re implementing it to make us more uncomfortable, inconvenienced, and under pressure—either we can’t comply for practical reasons or we’ll end up leaving on our own because we can barely manage it... — read more 

First they announce full time RTO with just a single weekend to let us figure out accommodations, then they tell us we are expected to work on flex Fridays. What’s next, they take away sick days? 5-day RTO because no one is quitting from the 3-day... — read more 

Here in Plano, TX, I only know of one person fired. While we all think the RTO su-ks, it's still a good job that pays well and has great benefits so most of us are just mourning losing WFH but adapting.

Any big news since the major changes a little over a week ago that you are (willing) to share?

Checked Glassdoor to torch this place in a review after the latest layoffs. Somehow the CEO’s sitting at 91% approval and the company’s still a 4.2-star paradise. What fantasyland is this. This isn’t the same job I signed up for - back when things... — read more 

Not even six months ago. And now I'm hearing that I have a good chance of being laid off? Why would they give me a job just to get rid of me so quickly? I don't get it. I had other offers. I chose this and now I'm regretting it. It feels like they're... — read more 

If that doesn't go as planned, more cuts will likely follow. I'm really sorry that we all have to go through this. These are tough times, and the stress is overwhelming.

Just wondering if that's the norm

Been hearing through the grapevine that they're beginning to lay off FTEs. Brush up those resumes because it's likely only the beginning.

It's like they're trying to find ways to make our lives more miserable so we'd quit and save them the trouble of firing or laying us off. It certainly saves them a hefty sum in severance and unemployment every time somebody is so tired of this place... — read more 

All contractors from my department have been fired. I expect FTEs will be targeted next. Going back to office seems to be their way of doing soft layoffs.

Work from office everyday from next week, earlier they said one day in a quarter. Not sure what’s going on

Bill Pulte suggesting Fannie Mae might receive the DOGE treatment that other government entities have already experienced... going on to say Fannie and Freddie’s workforce of 15,000 people have been “under performing as companies and in safety and... — read more 

What are your thoughts about potential FannieMae layoffs? Any chatter, news or rumors?

Any layoffs coming up. Looks quite, so any one has any inside info.

Q2 end approaching, any layoffs expecting by the end of Q2.

Hope there will not be any more layoffs - any comments

I was in a group of FTE recruiters that were cut lose this past Friday (03/24).

Many are talking about the upcoming layoffs. Is that true? Are the layoffs confirmed? Does anyone have more info to share?

Time to get our resumes ready!

Did anyone notice a high toxic culture at Fannie due to pandemic? Especially first level/directors of some orgs (Ex. Digital products, CISO Ops, etc.) have become more impatient, rude and arrogant. Only interested in productivity (#s) not the... — read more 

And things are slowing down. Should we expect layoffs?

Why is it that we're always expected to do more but it's never reflected in our pay? I'm getting tired of it. If there was any recognitions, even a small bonus, it would be easier to accept it. Instead, we're recognized with even more work. I am done... — read more 

Unless you've been here long enough to know that your severance package will be substantial enough to provide you with enough time to find a new job without stressing, you should already be looking for a new job. The job market is hot right now but... — read more 

Any layoffs coming up, as many people leaving at the top level, any layoffs with reorgs coming up.

Fannie's COO stepping down in April. Is she leaving because of unrealistic expectations not much accomplished due to legacy systems and highly political rotten leaders under her? Lot of mess filled with favorites leads, product owners, LMs and... — read more