Turnover's blowing up at so many other companies but things feel weirdly frozen here. I'm still looking for an exit but most of my team seems fine staying put even after everything that's happened, and I can't tell if they know something I don't or... — read more
Productivity tracking?
Can someone explain how they are tracking productivity? What’s the software? Is it just Viva Insights? What are they tracking? Who gets the reports? Please share if you actually know. This is important info for all of us!
Anyone know if Sapience - the “productivity management” software is being used for this round of layoffs?
If so, start moving that mouse around ladies and gentlemen.
Bargain w FM: you keep me in fear, I do min required
Don’t expect engagement, cooperation, creativity. You won’t get it because you don’t believe in it. You believe in hierarchy of mediocre yes-people, micromanagement and fear tactics.
Freddie Mac is supposed to be an American company backing the financing of houses for Americans
but it's become nearly all indian, apparently by design
No more layoffs?
Seems like it.
Has this been confirmed?
10% this year company wide. 5% in June and 5% in October to stay below the warn notice. Next year gets even better at 15%. Have fun everybody! Is this true?
Bring on layoffs
Too much fat around that desperately needs to be cut. Sadly, I doubt they'll ever be asked to leave. Most of them are too good at a-s-kissing to worry about their jobs. But a guy can dream, right?
Diversity is our strength
Right?!
Big one is coming
Brace for impact.
HR’s downsizing playbook:
create an intolerable culture so people quit—same layoffs, just without the severance bill.
Who all laid off did not receive a severance? Was everyone fairly compensated?
Hey just wondering how many people were fairly compensated when they were laid off. Have heard there have been several folks who were let go with no severance. Is there anyone fighting for them?
Total chaos
This place is way too complicated. Too many different groups, too many channels. One part of the company has no clue what the other part is doing. I'll be happy to be out of here, even if it's by being laid off.
Stock is stupidly cheap?
Ackman thinks FRE stock is stupidly cheap. When I see pet Pulte on TV behind Trump, I think the stock is stupidly overpriced.
toxic enviroment
Too many old timers in powerful positions just playing game of chess with their resources, shameful. Destroying lives.
A bunch of resignations post March 6
Mike and HR will meet his 10% staff reduction quota just through resignations
Is there a pause in the layoffs?
Calm before the storm?
HR layoffs happening right now
A couple of hours just got word that folks are getting laid off in HR...Who else is affected?
Nazarro's Promised Reward Realized
Fourteen months ago, Frank Nazarro said if you were still here in a year, there would be some sort of grand reward. What is this grand reward comprised of? Lived through a work nightmare for well over a year Congratulations for making Fannie's... — read more
Net income drops 10% in 2025, yet
President and CFO get a big raise and 12% of employees get laid off. Do we call it Pulte-Hutchins Strategic Pivot Cul-de-Sac or Bill-Mike Speed Bump?
When is the next round of layoffs?
March or later?
AFFORDABILITY UPDATE: CFO got a raise
Mike and Jim both got raises; ~1000 people overall got laid off
HYBRID out; executive comp isn’t tied to engagement
Board approved Mikes request to remove employee engagement results from a compensation calculation for SOC. But enjoy bigger bonuses funded by layoffs
Remember Mikes 1.5mil raise
When they tell you 3% is all they had in the budget for you this year.
Speaking of TOXIC CULTURE
Why do the members of the EAF team believe they are holier than thou? They act like the rest of the company is dirt under their feet. LAY THEM OFF AND REPLACE THEM!
Did anyone attend the SF Town Hall?
I missed the Single Family Town Hall and heard the related Fishbowl threads were removed. Can anyone who attended share what happened?
In loving memory of Mike — returns were everything
We successfully became a single purpose hedge fund under his management.
Imagine
CEO doesn't even show up in office for the all hands after forcing everyone back 5 days 🤡🤡
What's the current employee count?
Does anyone here know?
Fannie new holidays - Dec 24, Dec 26
Friends at Fannie said they got new company holidays - December 24 and 26.
Brace for impact
Good luck.
This IPO is gonna be awesome
https://www.nytimes.com/2025/11/14/business/bill-pulte-mobile-homes-fhfa.html
WSJ: Fannie Mae Watchdogs Probed How Pulte Obtained Mortgage Records of Key Democrats
Not much to add. At Freddie, his people got untraceable access to all the borrowers data too to dig dirt on political opponents. Infosec and senior leaders knew, no alarms were sounded. The rules of “safety’n soundness” and ethics are only for us
“Bill Pulte doesn’t know the first fu--ing thing about how the mortgage markets operate,”
Politico: ‘Sold POTUS a bill of goods’: WH furious with Pulte over 50-year mortgage. This might put a kabash on the ipo idea and pulte himself. But Mike might still want to continue with the layoffs. It’s his favorite thing to do - to get rid of... — read more
Carnage at Fannie today
You realize this will happen in Freddie few weeks from now?
Fannie dropped minimum FICO… Pulte is a fool. He is cruel, but he is a fool. We have had cruel kings, and we have had weak kings…
paraphrasing Tywin Lannister, Pulte (Joffrey) is a fool. He is cruel, but he is a fool. We have had cruel kings, and we have had weak kings, and we have had mad kings… but I do not know if we have ever been cursed with a king who was all three.