Business insider reports Fannie Mae sees more exits in leadership at an important moment for the mortgage giant? Anyone has details..
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SF OSS is bloated. Especially lots of manager level and up that do not know what they are doing. Question is when and if executives pay attention to the failures of vp, directors and managers and their true incompetence to finally cut them. We need a new mindset with strong work ethic, managers who are change agents and not just collecting a big paycheck for nothing.
Until then OSS is like a dead fish in water.
Any layoffs in the bloated operations-OSS?
Layoffs in MF COO today. SF more bloated than MF; this was somewhat surprising. I would expect more cuts in the coming weeks that span the enterprise.
Many good folks lcontinue to leave due to bad managers/directors/VP's. Operations is in a bad shape. They are simply building their own coteries. Leader with no vision is not a leader.
Company is so bloated they could cut their workforce in half and still have too many people...
In last 9 months: Head of HR, Head of Single Family, Chief Risk Officer, Head of Operations, Head of Design, Head of Digital Products, Head of Capital Markets, Chief Customer Officer
Yes - I can confirm - Operations SVP is out.
Operations and sales heads are leaving.