Any big news since the major changes a little over a week ago that you are (willing) to share?

Checked Glassdoor to torch this place in a review after the latest layoffs. Somehow the CEO’s sitting at 91% approval and the company’s still a 4.2-star paradise. What fantasyland is this. This isn’t the same job I signed up for - back when things... — read more 

Not even six months ago. And now I'm hearing that I have a good chance of being laid off? Why would they give me a job just to get rid of me so quickly? I don't get it. I had other offers. I chose this and now I'm regretting it. It feels like they're... — read more 

If that doesn't go as planned, more cuts will likely follow. I'm really sorry that we all have to go through this. These are tough times, and the stress is overwhelming.

Just wondering if that's the norm

Been hearing through the grapevine that they're beginning to lay off FTEs. Brush up those resumes because it's likely only the beginning.

It's like they're trying to find ways to make our lives more miserable so we'd quit and save them the trouble of firing or laying us off. It certainly saves them a hefty sum in severance and unemployment every time somebody is so tired of this place... — read more 

All contractors from my department have been fired. I expect FTEs will be targeted next. Going back to office seems to be their way of doing soft layoffs.

Work from office everyday from next week, earlier they said one day in a quarter. Not sure what’s going on

Bill Pulte suggesting Fannie Mae might receive the DOGE treatment that other government entities have already experienced... going on to say Fannie and Freddie’s workforce of 15,000 people have been “under performing as companies and in safety and... — read more 

What are your thoughts about potential FannieMae layoffs? Any chatter, news or rumors?

Any layoffs coming up. Looks quite, so any one has any inside info.

Q2 end approaching, any layoffs expecting by the end of Q2.

Hope there will not be any more layoffs - any comments

I was in a group of FTE recruiters that were cut lose this past Friday (03/24).

Many are talking about the upcoming layoffs. Is that true? Are the layoffs confirmed? Does anyone have more info to share?

Time to get our resumes ready!

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... — read more 

And things are slowing down. Should we expect layoffs?

Why is it that we're always expected to do more but it's never reflected in our pay? I'm getting tired of it. If there was any recognitions, even a small bonus, it would be easier to accept it. Instead, we're recognized with even more work. I am done... — read more 

Unless you've been here long enough to know that your severance package will be substantial enough to provide you with enough time to find a new job without stressing, you should already be looking for a new job. The job market is hot right now but... — read more 

Any layoffs coming up, as many people leaving at the top level, any layoffs with reorgs coming up.

Fannie's COO stepping down in April. Is she leaving because of unrealistic expectations not much accomplished due to legacy systems and highly political rotten leaders under her? Lot of mess filled with favorites leads, product owners, LMs and... — read more 

2020 my program got rid of nearly 3 scrum teams as they moved things to cloud. 2021 we lost a whole bunch of contractors, who had been with us close to a decade, to better opportunities. 7 new people we hired rescinded on their offers within two... — read more 

Any layoffs at FannieMae coming up. Looks quite, so any one has any inside info.

How will Fannie react? Its definitely better placed than in 2008. Cloud shift is well underway, and reorgs have already been happening behind the scenes. Will the impact of recession, rate increase, and property market changes be mitigated, or should... — read more 

We had several layoffs in our Fannie org last week. Anyone else? Are they done? Should we still be worried?

Fannie hired a new SF Operations head from outside. Is it going to be a leaner and meaner Ops in 2021-22? What percentage of cuts expected? With so many bonehead VP/Managers/Squad Leads simply collecting big fat paychecks for doing nothing, any... — read more 

From latest Supreme Court ruling today, it appears new FHFA director will be in place shortly. Do you see how this will impact overall FHFA strategy and any impacts to Fannie at exec level (CEO/President, etc.)?... — read more 

Business groups are getting anxious. Any reorgs & layoffs expected in SF - Risk and OSS in the summer before heading back to office in Sept?

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... — read more 

I know a lot of people are not happy with their jobs right now but leaving at the first opportunity might be a mistake. A friend quit a few months ago just to get away and now he's trying to return any way he can. His new workplace turned out to be a... — read more