@e9 been hearing rumors but no confirmation around the office. Sorry you were impacted. What group are you in?
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@ea I'm sincerely sorry. I hate that people are continously dealing with layoffs. What area were you in?
@ea so sorry to hear
just got call. Ridiculous.
I got impacted
@e6 some got notified already this morning?
There were layoffs today
So, nothing today?
What time do the text messages usually go out?
@cw you must be one of them. You exactly know what is happening, especially look at Indian managers and directors almost 80-90% are their similar group people hire under them. It’s open racism.
@ct you just sound ignorant for pushing this stuff overand over. Seek counseling.
I sincerely hope they take action against some crooked directors and managers for pushing out minority US citizens and hiring bunch of H1B contractors . The racism and discrimination is so openly carried out it’s hard to believe it even exists.
@cd look at residency for market engagement members. Certainly not within the established parameters.
@c7 that depends on who are let go. If only directors and senior directors without many people reporting them , it should not have any impact on the morale. I even say, it should boost the confidence.
Last "big one" at end of July, exact day following the earnings statement (Thursday notification). Most likely the same for the 2 prior as well.
@by @by Having have worked remotely for nearly 20yrs (before remote was even a thing), I can confidently say that remote production was higher for us just due to the scrutiny and comparisons. Nowadays, they are just plugging people into the limited seats ar MTC for Pulte optics.
Nothing more getting done and atrocious that directors and above remain spared if remote and offsite in SF.
If it really happens tomorrow, morale is going to hit absolute rock bottom.
I can’t believe that remote employees got promoted and are still employed while they watch their kids during work hours.
What groups targeted this time?
That’s what I heard a couple of weeks ago
Few hundred people gone tomorrow
@ac wtf does that even mean lol
@a6 imagine when people stop buying or selling altogether and Fannie Mae income goes to 0
4.2B net income per quarter. I guess it's time to whack another 300 people. 😵💫
I suppose? Wish I had more detail. I really hope I’m on that list.
EVP just dropped the email saying we are doing great if you know what I mean lol