It's about to get nasty. Big wave coming.

Anyone has any news?

He is going to go on another firing rampage.

https://www.housingwire.com/articles/ex-fannie-mae-employees-sue-for-defamation-pulte-almodovar-fraud/

I’ve been applying for jobs since May—over 500 applications so far—and haven’t gotten a single interview. I’ve even seen some of the same jobs I applied for get reposted. What is going on? Is it just me, or is everyone experiencing this? It’s really... — read more 

I have an interview next week.

Anyone?

Employee count still dropping. Not sure if this is part of regular attrition or they are still axing.

This place is such a joke! They continue with the nonsense of making certain teams come into the office and they need people to cover when someone calls in or doesn’t show up! You have Directors and Managers that have no clue what they are doing. ... — read more 

Are they finally done?

On the homesite they’re now encouraging employees to refer candidates?! I’ve been at the company for so many years and it’s so rare that they make the $2500 referral bonus the headline. What on earth are they trying to do right now? — read more 

How long will this peace last?

I read in the news that the Indian employees who were fired for fraud are now filing a lawsuit against Fannie Mae for discrimination, does anyone know anything about this? If they win the lawsuit, will the layoffs end at Fannie?

Are we really struggling that much?

Are they done? For how long?

Finally free from Pulte and this administration’s hold on me!!!

I feel like we are being monitored, every key stroke recorded, time online being summarized. I wouldn't be surprised if they were turning laptop cameras on without our knowledge.

Not able to relax, not able to fully concentrate, not able to be productive. Just kind of stuck in a layoff limbo?

How can remote worker change job within Fannie Mae? All the openings are not open to remote.

We will all need little bit of luck this week.

the attack on Jerome Powell is. It tells you that these layoffs will continue until the end goal/state is reached. There is zero objectivity and empathy in this whole thing. The man simply doesn't give a sh-t about anything but himself.

Seems like the company is actively hiring more employees on a daily basis. Several potential new employees with visitor badges getting interviewed everyday in the cafeteria area. They might be backfilling all the eliminated positions.

Heard from a coworker who knows a manager that more layoffs are scheduled in the Capital markets, shared services and multifamily divisions. Managers have been given instructions to reduce headcount by 30%.

Or should we just start treating layoffs as a weekly occurrence at this point?

It's a short holiday week. It's the week after that worries me.

This is almost diabolical.

I have to say for a company that I truly loved at one time is so disappointing.. I am going to put this out there. Managers are a disappointment! Not one is truly a people manager only a process manager. Tenure means nothing you have directors... — read more 

How much input do the SVP or VP have?

It sounds like some departments were hit especially hard.

Thanks in advance.

Any more additional Layoffs coming? Any updates to return to office?

Any promotions happening this year?

These moves are thought out and strategic. 100 or so a week is flying under the radar. If they did 1500 or 2000 in one shot, it would trigger headlines.

It's not a rumor, it's not fear mongering, it's a fact. If you didn't hear about it today, it will trickle down to you in the next few days.

My buddy works here and is a programmer I'm actually worried because he doesn't talk to much does anyone have any actual news or is it a bunch of doom saying

Prepare for another big one.

if we get message work from home that day and attend a meeting, and if layoff in that meeting, how the return of the badge and laptop handled.

Or are there more layoffs pending?