Was there a layoff or announcement today?
Has the company finished with the layoffs?
Nothing but fear mongering on this site.
Premature celebrations
You chumps can't contain your excitement as usual.
There are no layoffs this Friday, 5/15
There are no layoffs today. Whatever news is going around is just a rumor.
Notification tests
They are simply kicking tires before the real run. Good luck.
Why not offer early retirement packages?
Win win for both parties.
Board meeting went great
ROE is our focus. You know what that means.
Reminder that the FHFA Director is a mo--n
https://www.thedailybeast.com/trump-stooge-who-fed-boss-crackpot-ai-jesus-christ-meme-unmasked-as-bill-pulte/
Why Your Manager Is Incompetent (And Knows Exactly What They're Doing)
Let me tell you about the incompetent manager. They schedule meetings about meetings, give feedback like "make it pop," and haven't made a real decision in years yet somehow keep getting promoted. And the frustrating part? They're not stupid. That's... — read more
Fannie stock is taking a dive
IPO is dead on arrival. No further comments.
I guess not enough people are quitting because of RTO
Expectations are becoming so unrealistically high that I'm sure they're setting us up to fail.
layoffs
did anyone receive layoff notice today contractors or Full timers?
RTO Rant
We all know that RTO was a completely political kissarse move and not a decision based on any facts but I am completely over it! I'm in the office more days now than before COVID except now I don't even have my own assigned desk. We promote... — read more
Who’s next to go?
Any news? We’re all sitting here anxious as f***.
Layoffs coming?
What’s the scoop?
March is here
Who gets Blocked? Or should I say who gets Jacked?
WFH
Does Fannie Mae allow wfh if you live around NOVA region?
I feel so sad today (reposting as previous post got messed up on my phone)
I am approaching a seven-year tenure on my team and I have long found solace in our shared atmosphere. Everyone is remarkably kind and approachable. Although we have recently encountered adverse shifts beyond our control, I have remained a steadfast... — read more
I feel so sad today
I am approaching a seven-year tenure on my team and I have long found solace in our shared atmosphere. Everyone is remarkably kind and approachable. Although we have recently encountered adverse shifts beyond our control, I have remained a steadfast... — read more
Start looking. It's going to be another turbulent year.
IPO is not within reach. Net income YoY did not hit targets. SF, CA office is being abandoned for a new one in Birmingham, AL. Raises this year are abysmal. Start looking now. They are willing to let people with years of institutional knowledge... — read more
Has anyone heard anything?
Any rumor at all about when the next round of layoffs will start?
Now that the reviews are over, they can fully focus on layoffs again
Give it a month or two.
RIF and Rehire
What was the point of the RIF last year if we were going to turn around, and rehire for the same positions?
Year end reviews
How are comp statements and bonuses looking this year?
Who Decides What’s “Essential”?
Amazon announced its plan to trim management layers to address bureaucracy. It makes you wonder when will we take a similar look, so the people delivering the real work here, aren’t always the first on the chopping block. Something about the current... — read more
Workforce Decisions: Layoffs of U.S. Employees Followed by H-1B Hiring
Among the layoffs in early or late 2025 were many U.S. citizens and permanent residents. Soon after, companies hired H-1B workers for nearly identical roles. In many cases, the difference between positions — such as Business Analyst, Product Owner... — read more
Fannie Mae VP Cited in DOJ Complaint Related to Citibank Mortgage Settlement
So, in 2012, Citibank paid $158.3 million to settle federal allegations tied to defective FHA loans. In the DOJ’s complaint is a line that still matters. In 2010, Ross Leckie, then a senior leader at CitiMortgage, told staff to “drive this rate down... — read more
Top-Heavy Structure That’s More Bloated Than Ever
Single-Family, for example, was already top-heavy before the layoffs, and it’s even more bloated now. Rather than streamline, the organization has added layers: senior directors on top of directors, who sit above senior managers, who oversee... — read more
WARN notice link
Has anyone found any recent or past layoffs in the WARN reports? If yes, please share the link.
Will the things ever calm down?
When will we get a chance to breathe again? To just focus on our work without having to worry about what is going to be thrown our way next? I'm getting really tired of this cr-p.
When Will Do-Nothing Software Engineering Managers will be laid off???
When will software engineering managers especially in multi-family finally be let go? Fannie can survive without them, and may even thrive. Too many managers lack technical expertise and real credibility. It’s hard to understand how they were hired... — read more
Remote employees future
Is anybody else frustrated with the handling of Return to Office (RTO) mandates while remote employees continue to work from home, with no end in sight of RTO for them? A large percentage of the company is still "FTE Remote" and am wondering how long... — read more
What will next week be like?
Do you foresee more mass layoffs? Reduced benefits? Or maybe some positive changes?
Employee #s
Does anyone know current employee headcount? Is there a number they're trying to reach with layoffs?
Fannie vs Freddie
Why the difference in treatment and benefits?