Thread regarding Freddie Mac layoffs

Layoffs today. I am so demoralized

Anyone know how many were affected and if there is more to come?

Is there any severance package?

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| 6001 views | | 14 replies (last June 26) | Reply
Post ID: @OP+1jxz9sbbn

14 replies (most recent on top)

@ss Because they can.

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Post ID: @1kq+1jxz9sbbn

@a9 What specific job were eliminated?

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Post ID: @yq+1jxz9sbbn

@jp
Any kind of discrimination in work place is not allowed. Why is age discrimination allowed?
Folks over 40 /50 need a job for health care insurance and to take care of mortgage and children’s education. Why are they firing folks over 40 and 50?

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Post ID: @ss+1jxz9sbbn

@jp They are just cheaper. Probably making half as much.

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Post ID: @kh+1jxz9sbbn

It was around 90 excluding secondary IDs on 6/17.

Under my director 6 of the 8 people laid off are over age 40, and 5 of those are over 50. They are moving a college hire over to replace 2 of the over 50 people. Good luck with that.

Blatant age discrimination.

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Post ID: @jp+1jxz9sbbn

Is it 100 or 200 people laid off on 6/17 from EOT ?
Some people say they 200 employees were laid off.

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Post ID: @g6+1jxz9sbbn

Management finally figured out that managers and their teams were underperforming while claiming their Jira board was full.

I was laid off in 2023 while managing 35 staff and many core platforms. I laughed when it was obvious there was age bias going on and productive managers were let go.

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Post ID: @f0+1jxz9sbbn

Thank you for sharing.

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Post ID: @at+1jxz9sbbn

EO&T laid off around 90 people today 6/17/2025

Impacted are the BTO, GOC and some other areas. Messaging was robotically terrible.

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Post ID: @ar+1jxz9sbbn

@a7 we're being told x90 - x100 based on performance or job elimination.

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Post ID: @a9+1jxz9sbbn

What's the total number? It's odd to see this on a Tuesday.

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Post ID: @a7+1jxz9sbbn

@a2 it appears the layoffs will continue with an unknown end date…

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Post ID: @a3+1jxz9sbbn

EO&T

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Post ID: @a2+1jxz9sbbn

Oh dang what area was hit this go around?

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Post ID: @a1+1jxz9sbbn

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