Thread regarding Fannie Mae layoffs

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More lay offs on the way… In the coming days you will see many VPs let go, at least 150 just to keep the lay off ratio in balance. And later, around 1000 individual will cut off. Needles to say, they will hire thousands of contractors!

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Post ID: @j8+1m0n179h1

@a9 which departments are you referring to? Genuinely interested.

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Post ID: @c1+1m0n179h1

@OP don't be naive. Trajectory is obvious.

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Post ID: @aa+1m0n179h1

Of course, still lots of areas they haven't hit. Some they've only hit a few outliers here and there, but there are lots of areas where people aren't busy and just sit in front of their computer all day.
There was a lot of "busy work" in many areas where it seemed they just made up projects that didn't amount to anything to look busy. A lot of redundancy also where you had four people looking at the same thing. There are even a few departments that really don't have anything to do with the charter of the company (if we can call it a company, it is almost more of a NGO) and shouldn't be there.

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Post ID: @a9+1m0n179h1

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