Topics regarding layoffs at Freddie Mac

Topics regarding layoffs at Freddie Mac

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.

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

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.

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 

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 

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 

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Post ID: @OP+1jrtsvwp2

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 

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 

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| 2140 views | | 2 replies (last October 21, 2023)
Post ID: @OP+1p9NScZd

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 

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| 1930 views | | 2 replies (last January 30, 2023)
Post ID: @OP+1kT2Xy1y

Single Family Reorg

Will packages be offered as a result of the single family reorg?

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Post ID: @OP+1kJYkexG

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 

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| 1800 views | | 2 replies (last January 23, 2023)
Post ID: @OP+1kFoghVB

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 

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