Thread regarding Fannie Mae layoffs

15 replies (most recent on top)

@w4 I find it hard to believe low ranking employees are told in advance. What is the benefit of doing that?

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Post ID: @x0+1m4rjfgw3

@mb Does anyone know what org (Single Family? Multi Family? Etc?) where associates have been told a work through date?

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Post ID: @w4+1m4rjfgw3

@fr Some associates have been given work through date

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Post ID: @mb+1m4rjfgw3

Please prove me wrong OP but I think you are just a troll making this all up.

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Post ID: @m2+1m4rjfgw3

@dk How does one volunteer? I would really like to get a package and go. I can only hope but doubtful it will happen for me. :-(

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Post ID: @ky+1m4rjfgw3

@OP you got the confirmation for Oct 29th last day. Do you mind letting us know if you are associate (IC) or a Director/VP?

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Post ID: @j2+1m4rjfgw3

I think it was just those VPs/SVPs that were told in the last round. They have totally different "contracts" and get different golden parachutes.

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Post ID: @g1+1m4rjfgw3

@ds I haven’t heard of associate level being informed ahead of time

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Post ID: @fr+1m4rjfgw3

@bg I have heard from people with direct communications to previous laid off staff that were made aware well in advance of the final day at the end of the month.

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Post ID: @ds+1m4rjfgw3

Someone volunteered

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Post ID: @dk+1m4rjfgw3

@bg That must be directors or sr. directors with read only access to begin with. Ain't no way they are giving us associates or even ICs notice

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Post ID: @bn+1m4rjfgw3

contractors got notification or FTEs today?

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Post ID: @bm+1m4rjfgw3

so, FNMA is giving 2 weeks advance notice? that's strange. How many got notification today?

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Post ID: @bg+1m4rjfgw3

@OP Congratulations

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Post ID: @aq+1m4rjfgw3

@OP Raj, the only confirmation you got is that you'll be eating tikka masala for dinner.

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Post ID: @a2+1m4rjfgw3

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