Thread regarding Fannie Mae layoffs

VEP and details?

If the company did a VEP what would it look like, maybe based on last few times? Is it only targeted to employees with 10-20+ year careers? What is the criteria?

Is it possible for an employee with 6,7,8 years etc. to get some sort of package if they wanted to leave although it might be smaller? Has there every been a time when a employee can offer themselves to be laid off for some kind of package?

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| 1437 views | | 3 replies (last )
Post ID: @OP+1b3hNtWg

3 replies (most recent on top)

Offering Vep or not is not a fix all solution. Filling all levels with milleaneals with only admin skills is not a good idea, and will cost dearly to the company in the long run. Good folks continue to leave anyway, leaving with more brain drain and under skilled folks.

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Post ID: @Qrei+1b3hNtWg

Their thinking makes no sense. the only people left after the frozen salaries and reduced 401k will be the one's that can't leave.

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Post ID: @Iqpg+1b3hNtWg

Fannie execs repeatedly mentioned no veps in consideration. They like folks leave voluntarily. It costs less to the company. Have you heard anything different? It is an open discrimination as they like to encourage only milleanals at all levels.

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Post ID: @1riu+1b3hNtWg

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