With most budgets rolling over at the end of the year I expect that most of the folks laid off or given buyouts will be told the news before February. If you make it past February then assume your position is safe.

People are saying that anywhere between 900 and 1500 people will be cut from Freddie Mac - is this possible? That number feels awfully high, even too high in my opinion. But I've been wrong on things like these before, so who knows. Where did... — read more 

Current administration wants Freddie and Fannie out of conservatorship. Large number of positions to be cut. Buyout packages having hard time getting approved and the next step will be a straight out mass layoff with no buyout.

Large chunk of employees to be offered buyouts per rumors.

Recently there’s been a lot of rumors going around of a big layoff announcement at Freddie Mac. Does anyone have more details on this and when they expect this to happen?

I’ve heard news that some departments have been reducing their headcount and have laid off several lower level staff members. Any news on this? Is there more to come?

If there's high attrition and turnover, I'd think there's simultaneous hiring going on for the positions that are left open. I believe this isn't happening either. It almost feels like these are 'passive-aggressive' layoffs, where you are just... — read more 

There's a high turnover rate in my division... This is not surprising given that I am on the IT side of things, things are moving quick even for Freddie Mac... Only some teams get the coaching and structure required to function as a true and fast... — read more 

1 week per year of service?

Bad times are past, we are doing just fine now

just saying, we are cool at Freddie right now

From 2010: As the White House and Treasury continue to work on their recommendations to revamp the housing finance system — in particular, the GSEs — a new round of layoffs has begun at Freddie Mac with cuts soon coming at Fannie Mae, according to... — read more 

is there actually anyone left working at freddie?

The layoffs at Freddie have been ongoing for a while. It affects pretty much all departments and work functions. You really cannot hide it - the overall morale is very low and one has a feeling that the firm is sinking by the hour. needless to say... — read more 

Here we go again, another round is just about to start.

Unless the U.S. Senate acts, the Sallie Mae facility in Lynn Haven likely will start "immediate" layoffs due to health care legislation that keeps private loan providers from originating student loans, officials said Monday. More:... — read more 

This one is for Sallie though (via WSJ on 10/21): The company, commonly known as Sallie Mae, also said in a conference call Wednesday morning that it may have to cut costs by 20% to 25% (this includes Sallie mae's workforce reduction.) WSJ will... — read more