Thread regarding Fannie Mae layoffs

When is the next round of layoffs?


by
| 3667 views | | 10 replies (last February 3) | Reply
Post ID: @OP+1kffdkpg2

10 replies (most recent on top)

@1dx The person you’re talking about is known for being combative and entitled. Not a good look altogether.

by
| | Reply
Post ID: @266+1kffdkpg2

@1dx so much for waste.abuse.fraud. The hypocrisy of it all

by
| | Reply
Post ID: @1nh+1kffdkpg2

@14j I know who you’re referring to and it’s definitely something that is pi----g many people off.

by
| | Reply
Post ID: @1dx+1kffdkpg2

@e7

The bonuses aren't that big, unless your a manager or higher up, and a lot of those people know they won't get hired anywhere else...so they aren't leaving unless they get let go. Not to mention the bonuses have never been consistent and often less deserving people seem to get larger bonuses than others, but nobody can explain why or how that is.

by
| | Reply
Post ID: @14z+1kffdkpg2

@hc Don’t get me started. We got almost whole front office team working remotely, including an executive assistant who left DC for FL but still travels back to support leadership. So the company covers DC level compensation and recurring travel costs. And we are calling this cost control?

by
| | Reply
Post ID: @14j+1kffdkpg2

We keep hearing that layoffs are about efficiency. About making tough choices. About cutting costs where it makes sense. But then we watch the company spend money flying remote employees into offices just so they can swipe a badge. Flights. Hotels. Meals. Travel time. Admin work. All of it paid for by the company. And for what, exactly? Presence? Optics? A rule that looks good on paper but delivers nothing in practice.
What is hard to accept is paying for unnecessary travel while telling employees the company needs to “tighten its belt.”. Layoffs are painful. People understand that. What’s harder to swallow is watching the company cut jobs while protecting practices that add no value. That disconnect erodes trust faster than any headcount reduction ever could.

by
| | Reply
Post ID: @hc+1kffdkpg2

@e7 I don't think people have anywhere to go regardless of bonuses...I don't know many other places where the vacation/benefits can be matched. People who were able to leave are already gone.

by
| | Reply
Post ID: @g7+1kffdkpg2

@dm I am scared.

by
| | Reply
Post ID: @ea+1kffdkpg2

Not until they see how many people voluntarily leave after bonuses pay out in a few weeks…

by
| | Reply
Post ID: @e7+1kffdkpg2

@OP soon, my pet.

by
| | Reply
Post ID: @dm+1kffdkpg2

Post a reply

: