Rumor has it some people in HR, some attorneys, and F.Nazzaro head of EO&T were let go yesterday on May 20th.

Are you ready for what's coming boys and girls?!!

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 

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 am hearing another round coming up after memorial day weekend. Anyone else?

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 

Why do people feel the need to lie about stuff like this? People are stressing for no good reason.

Freddie Max laying off 500-600 next week. According to my sources in Multi Family

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 

I'm sure there are other's who feel the same.

I’ve been with FM for years. What’s coming is going to upend the very foundations of the company. The rolling layoffs will likely continue indefinitely, possibly until the rumored privatization—leaving even the remaining positions unstable. It’s... — read more 

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 

What are your guys' opinion on this?

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 

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 

Mike H wants a 15-20% reduction in staff across Freddie Mac to take place over the next few months. Going to be getting ugly shortly.

I know that no one should ever consider their job guaranteed, but perhaps there are those who can feel a little safer?

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?

We just got the super vague email about the layoff within multifamily division. Does anyone have any actual details about this?

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 

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

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 

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 

Company will never be Great until it deals with open bias. Promotions given to affinities, not based on actual work. No fresh ideas welcome. Tenure is not respected, or could be ageism. Those with experience used to reach goals but not... — read more 

Donna and now Andrew. What’s going on?

Why would you let anybody you like join this clusterfuck? Freddie has been going down the drain for years now and we are the ones who've been paying the price for all the bad decisions. I'm among those who're looking to leave but until I do, I will... — read more 

As some have predicted, departures are on the rise, with bonuses paid out. One exec has been announced but wouldn’t surprise me if there aren’t others. At the lower levels, it’s nice and busy, too. I’m aware of several upcoming departures at the... — read more 

Had to laugh at HR saying we don’t have a retention problem and it it getting worse after bonuses are paid out.

Freddie Mac retention numbers are abysmal. Hiring is terrible because HR can’t keep up with demand (HR has their own retention issues). This is true and it's hurting those of us who are staying. Our workload keeps growing (while our pay remains the... — read more 

I'm a manager and I have two all-star people on my team that are not willing to come back to the office in January. I have had some discussions with some other managers and directors who also have reports that do not want to come back to the office... — read more 

Does anyone know what are the plans for the new employees who are not near a Freddie Mac office? Will they be forced to move where there is an office or laid off? (I know of a situation where the person lied about living in Virginia to get hired). — read more 

Any details on this? Seems like after a (presumable) Biden president, they jumped ship/ or let go. What does this mean for the company?

Do you think remote working has been successful for Freddie Mac? Once the social distancing and quarantine is over-do you think it will lead to even more layoffs and emphasis on digital transformation?

Besides the early retirement package employees that will leave the end of March, are there other layoffs planned this year? If anyone can give some specks of details, it would be very helpful. I wish the company can be more transparent instead of... — read more 

If someone gets a Needs Improvement on their annual performance review, are they going to lose their job? Does anyone have any experience or knows what happens?

Is it true that more than 700 people will be affected? Does anybody have any more details - which departments, locations, positions? Anything?

What are your thoughts?

Fannie Mae just completed a round of layoffs and is targeting another for March 2020. They will also offer early retirement packages this summer. I see this as a reliable indicator and Freddie Mae normally follows Fannie’s lead.

Run don't walk to submit your resigination. You have no future here.