I guess more cuts.
Did everyone who got laid off received another e-mail from HR thru Docusign today
Was informed that another e-mail will be sent to sign it thru docusign today ( Termination Date ) and I still have not gotten it. Checked the Junk e-mail also and it is not there too. Cannot call HR as it is past 5:00 PM . Got the previous e-mail at... — read more
July / August Cuts
I have been told to expect cuts in the coming months, specifically August. As far as recent cuts made, some were expensive and others were not top performers. Who knows. Some of the cuts have gone after long tenured employees, who probably made good... — read more
Comical 🤣🤣🤣🤣🤣
https://www.politico.com/news/2026/06/02/bill-pulte-director-of-national-intelligence-00946319
They keep going after the best people, for no good reason
Makes you wonder if the goal is just to burn the place down. Specialists, veterans, people with actual skills, the ones who held teams together - they're all getting cut. Any leadership that cared about the future would be doing everything to keep... — read more
Cutting the Core, Keeping the Layers - Bloated leadership
With so many associates gone, who exactly are all these managers, senior managers, directors, senior directors, and VPs leading now? The teams that remain are extremely lean. It’s hard to understand why leadership layers continue to stay intact while... — read more
Admin leave?
Did y'all get admin leave this round too, or just the two weeks per year of service? Did people get outstanding LTI? Thanks.
Lawyer Up
I hate hearing everything that current employees are dealing with. It su-ks. It was a great company and I was proud to work there. I worked at Fannie Mae for nearly 20 years. I was part of a big layoff several years ago. I was laid off just before a... — read more
This place has become unrecognizable
I never thought it would come to this - me hoping to be selected for layoffs after so many years.
Achieving ROE targets
So that Bill Ackman can make 5 billion instead of 3 and so that do nothing fat cats can get their multi million bonuses.
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... — read more
Next round
Its first chance is when 90 days expire. So you are looking at just before the Labor Day.
About 280 people are gone
The question again is to what total number of employees are they shooting for? If it's 6000 or lower, there is plenty more to go.
Any VPs or directors let go?
Or just pawns?
Big layoffs today
Weird to layoff people before the long weekend, that too on a Thursday. Usually layoffs are scheduled for paycheck day. Heard there were more than 100 people laid off today
Peter is a fall guy
Layoffs will be over when he gets replaced by the guy from the club...if you know what I mean. Until then layoffs every three months.
Anyone got their severance details?
I don't know where to go from here.
No Work Tomorrow
We already have a half day. I just cancelled all my meetings and I'm not working. Everyone else should do the same.
Which groups have been hit?
Sounds like it's everywhere. Has any area been spared?
Layoff today?
Was there a layoff or announcement today?
Has the company finished with the layoffs?
Nothing but fear mongering on this site.
Premature celebrations
You chumps can't contain your excitement as usual.
There are no layoffs this Friday, 5/15
There are no layoffs today. Whatever news is going around is just a rumor.
Notification tests
They are simply kicking tires before the real run. Good luck.
Why not offer early retirement packages?
Win win for both parties.
Board meeting went great
ROE is our focus. You know what that means.
Reminder that the FHFA Director is a mo--n
https://www.thedailybeast.com/trump-stooge-who-fed-boss-crackpot-ai-jesus-christ-meme-unmasked-as-bill-pulte/
Why Your Manager Is Incompetent (And Knows Exactly What They're Doing)
Let me tell you about the incompetent manager. They schedule meetings about meetings, give feedback like "make it pop," and haven't made a real decision in years yet somehow keep getting promoted. And the frustrating part? They're not stupid. That's... — read more
Fannie stock is taking a dive
IPO is dead on arrival. No further comments.
I guess not enough people are quitting because of RTO
Expectations are becoming so unrealistically high that I'm sure they're setting us up to fail.
layoffs
did anyone receive layoff notice today contractors or Full timers?
RTO Rant
We all know that RTO was a completely political kissarse move and not a decision based on any facts but I am completely over it! I'm in the office more days now than before COVID except now I don't even have my own assigned desk. We promote... — read more
Who’s next to go?
Any news? We’re all sitting here anxious as f***.
Layoffs coming?
What’s the scoop?
March is here
Who gets Blocked? Or should I say who gets Jacked?