Thread regarding Fannie Mae layoffs

2017 - March, another round of lay-offs!

Along with voluntary exits end of March 2017, there is either that pay check or prior one another lay-off expected. 25% overall (mostly in DC), and up to 15% in Dallas. Performance based cuts already happening at a small scale. Watch-outs middle level managers, project managers and reorgs including elimination of some depts all together.

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Post ID: @OP+M5wIiWI

5 replies (most recent on top)

Contractors are let go. Some directors got notices.

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Post ID: @Jflm+M5wIiWI

Two weeks.... Like I just got....

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Post ID: @xdde+M5wIiWI

How much does Fanniemae pay when laid off

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Post ID: @uuhm+M5wIiWI

Happened today, departments were eliminated. A lot of layoffs to come in the next year as they scale down to fit in their pretty new, high tech building in Dallas and downtown DC

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Post ID: @umzx+M5wIiWI

Fannie Mae management creating fears both in DC/Dallas in the name of introducing new tech and paradigm shift in the culture. With no details on proper planning and execution. Constantly bringing outside guests to scare employees.It seems strategy is working temporarily some people leave instead of doing cuts offering severance and bring in new blood into the company. Some leaving, However, this is creating uncertainly and bringing morale down of several who likely be staying back.

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Post ID: @kdvw+M5wIiWI

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