Thread regarding Fannie Mae layoffs

This feels like death by a thousand cuts

So I guess we’re always going to be on our toes and stressed out of our minds.


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| 4653 views | | 12 replies (last November 13) | Reply
Post ID: @OP+1k9qyb8rx

12 replies (most recent on top)

@h7 Unfortunately no easy way to do layoffs and the company has become very bloated, especially at management level. The layoffs were done even worse 10 or so years ago when people came into the office and you had to watch them get escorted out. I would rather get a notice in the evening or early morning while not in the office then to find out in front of an entire office and have a bunch of security around escorting people.

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Post ID: @q6+1k9qyb8rx

@cq source?

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Post ID: @mr+1k9qyb8rx

My team is now a bunch of clock punchers. We've all agreed to show up and leave on time. No early arrivals, late departures, working through lunch, or extra in-office days. All work related apps have been removed from our personal phones.

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Post ID: @h7+1k9qyb8rx

@ap I don’t think there will be any replacements they want to show more profits so drop more people and expect who’s left to do the job of 10

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Post ID: @f0+1k9qyb8rx

@OP Will there be another around this
Friday since Monday’s layoff is the lag from last Friday?

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Post ID: @dm+1k9qyb8rx

400 people total

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Post ID: @cq+1k9qyb8rx

Wow! Tried to login to team 5:30PM and gone, in 30min got a call from vendor that my last already passed,no humanity. Worked nights for this company at the end…my team 8 people laidoff out of 12

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Post ID: @cp+1k9qyb8rx

How many folks were laid off ?

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Post ID: @ay+1k9qyb8rx

Layoff and get replaced by H1B's.

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Post ID: @ap+1k9qyb8rx

I think we need to assume that this is going to continue.

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Post ID: @a6+1k9qyb8rx

@a1 it's obvious that this was slated for last week but it didn't get approval in time from someone.

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Post ID: @a2+1k9qyb8rx

In 15 years, I’ve never known them to have layoffs on a Monday.

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Post ID: @a1+1k9qyb8rx

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