It will be interesting to see what happens with talent architecture in the coming months and if they will become a leaner organization... There are literally people in some departments that for years don't do anything on a daily basis and departments... — read more 

https://www.glassdoor.com/Reviews/Employee-Review-Fannie-Mae-RVW7747404.htm

Especially lots of manager level and up that do not know what they are doing. Question is when and if executives pay attention to the failures of vp, directors and managers and their true incompetence to finally cut them. We need a new mindset with... — read more 

Business insider reports Fannie Mae sees more exits in leadership at an important moment for the mortgage giant? Anyone has details..

Are you hearing any layoffs in the first quarter? With Biden to take office in the next week, any shakeups at the top level?

Looks like the fate of both entities will be dependent on the incoming treasury secretary. US Treasury secretary Steve Mnuchin dashed hopes that mortgage finance giants Fannie Mae and Freddie Mac would be released from conservatorship on his watch... — read more 

Fannie Mae Management laid off a huge number of FTEs and contractors the week before Christmas. Fannie Mae doesn't care about their employees. It's a toxic work environment. Avoid at all costs.

Last month when the CEO of Freddie Mac resigned, folks on here said it was because the Democratic government is not open to letting the GSEs out of the conservatorship, and there was not going to be a big payday. Now, with mass layoffs at Fannie... — read more 

Work from home resulted workers putting lot of working hours this year, and management decided to cut their benefits. Some boneheads trying to force a culture where unless you know all the latest buzz words in technology, you are deemed obsolete and... — read more 

Last pay check on Dec 18th in 2020. Many higher ups collecting pay checks with no skills. It is all quiet. Any layoff in operations/SF/Tech/Risk groups? Impacts to First level, director and VPs?

Either they jumped ship or were let go. With a presumable Biden presidency, leaving conservatorship does not seem likely. What does this mean for the GSEs?

Who is next. Any new layoffs you heard at Fannie in Dec 2020...by dept?

Any exceptions given to mandatory contractor furloughs for holidays this year?

14 in Finance got let go including a director, one manager and all his staff. Heard several got notices in collections. Any other areas impacted? Did this happen on Monday? Has there been any more cuts since then? Can we expect more before this... — read more 

Any new layoffs with new title changes effective on 8/31? HR Exec let go...anything you are hearing..

They need to lay off folks. Look at Internal Audit alone and the huge amount of VPs abs above doing almost nothing and getting big salary, bonus and LTIP.

Does anyone has totals by dept Fannie layoffs on 6/26 (Fri)? Is next one in Sept? What is the goal by conservator exit?

As per latest Trumps directive about reviewing usage of all H1b/H4 EAD in the federal agencies, I am hearing layoffs to ovcur next few days. In technology there are 50% contractors. Can someone confirm if they were already notified by their vendors? — read more 

Does anybody have any details? Such as when in March, how many, which locations, departments? Anything would be great.

Anyone know fannie will have another round(s) of layoff/terminations after performance evals in Feb/March. Also hearing about another VEP offered in the summer. Any concrete info?

I was an executive at Fannie Mae for several years brought in after the financial crisis by another executive new to the organization. All was great until I attempted to make changes to improve the lack of controls that led (in part) to historical... — read more 

I’ve heard a lot of rumors of a large upcoming layoff/buyout announcement. Anyone know more details?

I joined Fannie Mae as a contractor... Well, it did not take me long to figure out that there is a caste system in play, the employee is elevated and the contractor is put down. Contractors have their own seating zones, they have smaller desks, it's... — read more 

Fannie Mae is a heavily political company, no different than any other in terms of promotions and growth. You may have a great track record of completing projects in a timely manner but unless you are part of the crowd or a “yes” man don’t expect to... — read more 

I was an employee of Fannie Mae for several years and finally left because I could no longer sit idly by and watch as teams were berated by management who showed very little regard for any of their staff members. Some in management were not capable... — read more 

Yes, the actual layoffs occurred on 05/12/2017. The company of course didn't disclose -- not that I've seen anyway -- the total of number of layoffs company-wide, or layoffs by geographic area. I worked in Dallas for 8 years and I was hit.

Layoffs are happening today, but nobody writes here as people are scared.

Along with voluntary exits end of March 2017, there is either that pay check or prior one another lay-off expected. 25% overall (mostly in DC), and up to 15% in Dallas. Performance based cuts already happening at a small scale. Watch-outs middle... — read more 

How many more rounds are in the stars?

So the new headquarters is 700,000 square feet as reported in the media. Typical office buildings have 200-250 sq ft per person. Theoretically 2800-3500 people could work at such a building?

This feedback is all great yet terrible at the same time and I feel sorry for the employees impacted by this devastation so close to the holidays. Fannie Mae and Freddie Mac have a superior reputation for bringing in more friends /family instead of... — read more 

We had an unexpected layoff in October within our department in the Dallas office that appears more and more as a vindictive retaliated layoff than the normal reduction in force. Several people were affected and were informed that there was a layoff... — read more 

Fannie Mae started a round of Layoffs on March 5, 2015 when they laid off over 300 employees company wide. The head of HR's statement to the Employee's! (Do not tell anyone except close immediate family that you have been laid off!) OH come on, like... — read more 

Do you have more info on the planned job cuts at Fannie Mae's IT group. I've heard multiple rumors about this and it's my understanding that some IT functions might be outsourced and that IT resources currently employed by Fannie Mae might be losing... — read more 

If things continue to slow down we will be more affected and you can expect some big layoffs in 2015. We had good few years and it cannot continue to be like this for long time. I would say get ready as 2015 layoffs look more and more realistic.