Thread regarding Fannie Mae layoffs

Morning after….

How does it feel ?
I am a bit restless. Not used to doing nothing but can get used to it. Mostly relieved. Too bored to scan through the 20 page package.
Planning to chill and focus on exercise, kitchen, family and sign the paperwork in a few days.
Still figuring out. Anything else to do and add, chime in please.


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Post ID: @OP+1ks80wthg

9 replies (most recent on top)

@ew for Dir and above it’s 3 weeks. Anything below is 2x.

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Post ID: @f1+1ks80wthg

I heard last year (November) was 3 weeks per year of services.

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Post ID: @ew+1ks80wthg

Severance was great...great deal to leave before it gets worse and worse with more and more incompetent people. Other than a few people, nothing I miss about it. Just walk around the office there, most people look miserable.

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Post ID: @eg+1ks80wthg

I got 2 weeks for every year. Doubt there is any deviation in the severance agreements as that would open them up to legal recourse.

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Post ID: @cp+1ks80wthg

Would love to know if they are providing severance and for how long

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Post ID: @bp+1ks80wthg

Last i've heard it is 2 weeks severance pay for every year of service

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Post ID: @bd+1ks80wthg

@OP would love details on the severance

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Post ID: @a7+1ks80wthg

Are they providing a severance? Health insurance for any length of time?

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Post ID: @a2+1ks80wthg

Best of luck & sorry for this happening.

Depending on what State you live in, recommendation looking at state jobs, not federal jobs, more security than private sector. I worked private & at age 37 went to state & will be the 30 years & will have a great pension & healthcare when I retire.

Hang in there.

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Post ID: @a1+1ks80wthg

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