Thread regarding Freddie Mac layoffs

Layoffs at Freddie on 12/4/19??

I am hearing layoffs, not buyouts or early outs were announced yesterday at Freddie Mac...true? I am supposed to start a new position there in IT at the beginning of the year...wondering if that will be a solid move if the company is doing large-scale layoffs.

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Post ID: @OP+12nIsxgG

3 replies (most recent on top)

For the individual who stated the following, you are either a very judgmental and short-sighted Freddie Mac manager who only looks for faults in your employees or a VERY naive employee that leadership wants because you fall right into their mold of thinking and know very little of how to to lead. God help you!
“ There may be few exceptions, but in general I noticed majority people who get laid off (or let go) get some indication early on. They are usually slackers, low performers, like bankers hours don't like learning adopting corporate's new ways, attitude problems, etc”

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Post ID: @9sol+12nIsxgG

There may be few exceptions, but in general I noticed majority people who get laid off (or let go) get some indication early on. They are usually slackers, low performers, like bankers hours don't like learning adopting corporate's new ways, attitude problems, etc. Companies generally don't like anyone go because of so much investment they made on that person. Beyond that, I would say most fingers point to candidate themselves.

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Post ID: @7rzy+12nIsxgG

Layoffs have usually been announced departmentally, but that is only since the time I have been there (2 years). Early retirement packages were announced November. They will layoff in the spring if they don't reach their attrition targets through the early out scheme.

IT has had layoffs over the last few months. (Someone I used to work with was affected.) Also, word has gotten out to the general IT community in NoVa because a friend of mine, out of the blue, told me she knew someone who was laid off. I was surprised word spread around that fast.

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Post ID: @2wps+12nIsxgG

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