Thread regarding Fannie Mae layoffs

Fannie Mae sees more exits in leadership?

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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Post ID: @OP+199lSXjf

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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.

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Post ID: @ylva+199lSXjf

Any layoffs in the bloated operations-OSS?

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Post ID: @tjzj+199lSXjf

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.

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Post ID: @scgi+199lSXjf

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.

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Post ID: @9wvw+199lSXjf

Company is so bloated they could cut their workforce in half and still have too many people...

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Post ID: @8zcs+199lSXjf

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

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Post ID: @8gbn+199lSXjf

Yes - I can confirm - Operations SVP is out.

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Post ID: @6jzb+199lSXjf

Operations and sales heads are leaving.

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Post ID: @5hji+199lSXjf

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