What do we know? Is ICM safe? thoughts…?
Is it time to do a roll call?
Who is missing?
I am scared
Tomorrow might be the day.
Are any departments safe?
Are at least those that have already been affected safe from further cuts? A 10% reduction is a significant number overall, and I can't help but suspect that the layoffs are being carried out in a planned and systematic way.
MF
Hearing lots about SF layoffs today but what’s the deal with MF? A few MF VP’s and others (modelers, I think?) disappeared overnight a week or so back—is more on the horizon for MF?
Yo
So what’s the scoop man did you hear anything?
Why are better people not being promoted?
Nothing’s worse than watching someone crash and burn in a role they were never set up to handle. It’s not their fault, it’s just lazy hiring. But hey, as long as HR checks the box, it's all perfectly fine, right? Meanwhile, the rest of us are stuck... — read more
10% cut is real
Our department cut a few people yesterday to meet the 10% goal. But management made it clear that this is not the end. there will be more coming.
I might get laid off TODAY, I might get laid off TOMORROW
Lets put an end to never ending speculation and just focus on work.
Will get laid off tomorrow
Anyone recommend lawyers?
Mr.Pulte ordered THIS Mr.Pulte ordered THAT
Lets put an end to never ending speculation and just focus on work.
Pulte just ordered 10% cut across both
Cuts happened in my organization even on a holiday weekend.
share the rumors youve heard
i know we’re not supposed to believe rumors or give into them but i want to know everything everyone has heard. i think it’s helpful to know as much as you can
This too shall pass
Don't worry too much about the rumors.Keep doing your great work and stay positive.
Preparation for going public
House needs to get cleaned up. If they run it like a business and not like a woke non profit as they are running it now, half the staff is going to be gone.
Tough times never last, but tough people do
We've navigated tough times before, and we've always come out stronger. Let's support each other, lift each other up, and find ways to grow and learn together.This moment can be a catalyst for new possibilities. Stay Positive, Stay Focused.Let's... — read more
5/20 layoffs
Rumor has it some people in HR, some attorneys, and F.Nazzaro head of EO&T were let go yesterday on May 20th.
Fannie and Freddie are obese
Are you ready for what's coming boys and girls?!!
Layoffs ongoing
Pulte is a coward. Aren’t they cleaning the swamp? Now he wants to avoid media attention with the GSE layoff because the economy is shrinking. Layoff happening everyday and in small chunks. This will continue for some time. Mortgage rates going... — read more
Enterprise Risk Layoffs
There were some layoffs in Enterprise Risk last Friday but leadership won't say how many for privacy reasons. They said it's related to the restructuring of the division that began before Pulte was confirmed, so this may not be part of a grander... — read more
Post memorial day weekend layoffs
I am hearing another round coming up after memorial day weekend. Anyone else?
I love Freddie Mac
Recently, there has been tons of misinformation and uncertainty in 2025. Although, most people have been keeping their head down and working which is the right thing to do. Freddie is a key component to U.S. Economic environment. Sit tight and enjoy... — read more
No layoffs last or this week
Why do people feel the need to lie about stuff like this? People are stressing for no good reason.
Freddie Mac Layoffs next week- last week of April 2025
Freddie Max laying off 500-600 next week. According to my sources in Multi Family
Freddie Mac offloads $5.3 million in delinquent loans
Freddie Mac, a prominent player in the Financial Services industry with a market capitalization of $15.53 billion, has finalized the sale of a pool of non-performing loans (NPLs) from its mortgage-related investments portfolio, the company disclosed... — read more
I'd like to volunteer
I'm sure there are other's who feel the same.
Advice from a veteran – start looking for another job
I’ve been with FM for years. What’s coming is going to upend the very foundations of the company. The rolling layoffs will likely continue indefinitely, possibly until the rumored privatization—leaving even the remaining positions unstable. It’s... — read more
Worst leadership in Technology beware
Freddie is such a political organization where useless CTO came and recruited big group of than 100 senior resources like Sr director , vp , tech leads , dump a-s folks from Travelport and ruined the company reputation by kicking off unnecessary... — read more
DOGE coming to Freddie?
What are your guys' opinion on this?
job elimination but kept recent hires
Recent hired people were not let go but someone who had been with company for 13 years was let go. BTOs acts as if they can boss around EOT. Just ridiculous!!! HR need to conduct exit interviews, simply because they are laying off people who are not... — read more
No More Agile Jobs
Following Capital One's terrible decision of removing the agile job families, looks like Freddie has copied and eliminated all agile job positions int he last week. I wonder if more are coming from other job families or is this it for the year? Does... — read more
15-20% of staff to be cut in the next few months
Mike H wants a 15-20% reduction in staff across Freddie Mac to take place over the next few months. Going to be getting ugly shortly.
Are any jobs safer than others?
I know that no one should ever consider their job guaranteed, but perhaps there are those who can feel a little safer?
Incoming SF layoffs
Been hearing for the last couple of days now that with the new reorg happening in SF that layoffs are on the way, specifically the ilab and other departments. Any truth to this?
Multifamily layoffs April
We just got the super vague email about the layoff within multifamily division. Does anyone have any actual details about this?
Stressful and Rough Environment
The environment for this workplace is not the best. Senior tech lead and manager expect you to work without any proper knowledge transfer or any guidance. Management is rough. Always tracking your ticket and tracking your work. I have experienced... — read more
Single Family Reorg
Will packages be offered as a result of the single family reorg?
Quiet Threats
There was a company wide email sent out reminding everyone to follow our approved work arrangement which is mandatory in office tue, wed, and thur. The email also let everyone know that it is a condition of employment. How far is management going to... — read more
Problems at Freddie, senior management to blame
Low morale at Freddie is palpable right now and has been for the past few months. There is a lot of pressure and anxiety from senior management over issues like mandatory return to office. Many hard working, tenured co-workers are leaving due to this... — read more