Having worked at Fannie Mae for many years, I can speak from firsthand experience. Unfortunately, I’ve seen a difference in the way people communicate and treat others. Some of the messaging from Fannie Mae employees comes across as dismissive, unprofessional, and as though they feel they are above others. In contrast, my experience with Freddie Mac has been that people are more genuine, approachable, and friendly.
It’s disappointing to see a culture where communication can feel unnecessarily harsh and disrespectful. I would never wish a layoff on anyone, as I understand the impact it can have on individuals and their families.
Perhaps, with all the changes taking place, there will be an opportunity to take a closer look at leadership and workplace culture. Organizations need leaders who know how to manage people, not just processes. Strong leadership means treating employees with respect, fostering accountability, and remembering that behind every role is a person who deserves to be treated with professionalism and dignity
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Change may not be inherently bad, but none of the impositions of the last 2 years have been in service of long term company health. The nepo wunderkinds came in and pumped the stock, crashed it when they couldn't immediately exit conservativership, and have been slashing and burning the company to the ground chasing numbers on a page without any consideration for the future. That's why genius ideas like 150 year mortgages get pushed.
As with everything else in the second administration, short term outcomes are the only consideration. They know they'll be pushed out in two years and someone else will have to clean up their mess.
@e1 Don't forget soulless (corporate wh--e, to be completist).
To make it to VP, you have to be really good at talking without actually saying anything.
Claiming you 'never wish layoffs on anyone' right before subtly advocating for leadership heads to roll is wild hypocrisy. Fannie Mae isn't a uniquely cold empire, and Freddie Mac hasn't solved human nature especially considering their much more rigid in-office policies. Blaming executive culture for every difficult interaction doesn't make you an insightful critic; it just sounds like you can't get buy-in across the organization and you're venting under the guise of empathy.
@OP Ok Roscoe, sure, let's give the 3-stooges a chance. Why? We've been living the kind of corporate culture of these no-load failsons promise: zero transparency. Zero trustworthiness. Zero confidence. GTFO with your "change is good" BS.
@OP you wrote such a lengthy post yet you managed to say absolutely nothing. Corporate philosophical mumbo jumbo. As the other poster speculated, you must be a VP in some worthless pointless area of the company. Cringe and infuriating at the same time.
Let me guess, the OP is a well paid VP with few direct reports and little knowledge of how the real world has worked for the last 18 months.