Thread regarding Fannie Mae layoffs

Did anyone notice a high toxic culture at Fannie due to pandemic?

Did anyone notice a high toxic culture at Fannie due to pandemic? Especially first level/directors of some orgs (Ex. Digital products, CISO Ops, etc.) have become more impatient, rude and arrogant. Only interested in productivity (#s) not the wellbeing of an associate. High attrition is due to burnout, bad first level/directors who care about numbers & their promotions. There is no monitoring of first/2nd levels, and get a free pass for their bad behaviors. Fannie board/execs (VP & above) have good intent (like more flexible, Fri aft off, team building, etc.) but they are not implemented in the front lines causing many folks (both junior and experienced) leave due to a frustration and low morale.

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Post ID: @OP+1ixyRBFc

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Article below says it all. Not just CEOs. Companies need paying attn. One size fits all model will not work. Huge mental health issues in the line management and others below in the chain. Need to address burnout, recovery, support, etc. Huge impact on the associates at the receiving end of the stick, causing attrition and silent quitting.
https://www.forbes.com/sites/onemind/2022/09/08/ceos-succumbing-to-the-great-resignation-prioritizing-c-suite-mental-health/

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Post ID: @ahou+1ixyRBFc

It's a shame Fannie loosing good talent. Instead of fixing the burnout and degrading culture, these bozo front line managers/directors using bullying, and passive-aggressive techniques forcing employees to quit themselves. Huge turnover in some groups speaks volumes.

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Post ID: @9wos+1ixyRBFc

Too many boneheads at the first and second levels. They are out of control. Pandemic made it worst.

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Post ID: @2cal+1ixyRBFc

Yes, it's an open secret. Some of these jokers in the first and second level hire & encourage only juniors, ignore tenured, and making life miserable so quit on their own. Age, etc. is discussed openly in the huddle meetings while managers present. Fannie comes under GSE but it's an open discrimination. Wish Fannie senior exec would review and fix this lingering issue exist for a long time.

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Post ID: @vpt+1ixyRBFc

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