@nv
We were are 7K at the end of 2025 per the 10-K. There have been few rounds this year and with attrition, the number of FTEs is probably closer to 6K now or at lease well below 6.5K.
They have also been routinely cutting the contractors each quarter.
We have around 4k contractors, don't they count? 7k is the number of FTEs.
Our corrupt C-level execs make the head count number look like small, by firing FTEs and hiring more contractors under "Service" agreements. This is a scam! Fannie Mae's employee count is well over 11k.
@jr "sounded about right" - i.e., he just went by his gut and made up a number that was roughly half the existing employees + contractors??? What science!
At one point, Pulte said that the 12k across the GSEs sounded about right. If that holds, we're getting close to target. Not that that's a whole lot of solace - everything still su-ks.
@aa That's ridiculous...the last round was like 100 people and our company is down to about 6500. You think they're going to slash it to 5200 all at once?? They're not.
I wished I knew how to get on the list …I’m so done!
In the most recent round, they laid off 700 people right before Thanksgiving! This is cruelty...
I would say at least 1300 more to go by the end of the year. This is Ackman's orders!