About 5 just happened in Single Family. Now I’m wondering if it’s strategic to drizzle them throughout the year to keep from having one mass layoff.
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It will hit sf securitization this month
@15f what is the total employee count currently?
10% cut this year and 15% next year. It’s not going to stop.
@ak D&D, who?
heard it was contractos but i guess we all sc--wed
@ak Now, I’d really like to know just how many Senior Directors and Directors lost their jobs, and how many of those executives’ children they were so busy looking after ended up losing theirs, too?
How many from Da &D?
Approx. 12 people from SFA were let go, mostly from the Affordable Lending group. I&CM people and who knows who else was let go too.
D&D just announced their share, A two-minute notification call to announce layoffs, with no thanks or humanity for the people who built this place, proves exactly why this board and leadership team are failing. Utterly disgraceful.
That’s been what they’ve been doing for the last 18 months
That’s always been the case. FM avoids mass layoffs and spreads them out