I accepted a job offer at Fannie Mae, but recent news and information on this site are making me wonder if I made the right decision. What is it truly like working there right now?
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If you absolutely need the job take it, but if you don’t, I’d pass on the offer. FHFA has royally messed stuff up. It’s not the same Fannie Mae where work life balance was valued and pushed. I’d say definitely continue your search because you don’t want to accept the offer then be laid off because of all the nonsense taking place. And this is just the beginning, there’s still 6 months and 3 years left of this administration.
Fannie Mae is an amazing place to work, and you do not have to worry about the recent layoffs. According to other posts, it is clearly evident that some employees abused the benefits given to them and committed some kind of fraud related to TANA / some sh-t. If you do not get involved in any of the aforementioned fraud or with the fraudsters, you do not have to worry or be concerned.
So, it may depend on which center you're at (Plano, DC, etc). Here in Plano, many of us still get 2-3 days WFH (for now) but moral is certainly down since we were 100% WFH and got half day Fridays. Overall, though, everyone I know are still positive about the company. We still get great PTO and other benefits. We are afraid some of our other perks may yet be taken away, though. It's a time of uncertainty, for sure, but if still recommend it as a place to work.
I wouldn't, it's he-l. It's 5 day RTO with no flexibility to wfh regardless of reason (you have to take PTO, when two weeks ago before all this political BS if you had a plumber come, no issue, wfh). Everyone sits all day packed into the office with not enough seats, knowing that any day you could be laid off (and hearing about people being laid off all around you). They're trying to force attrition by making it a terrible place to work, and we all expect benefits to be the next thing to go. Morale is in the toilet and it's a prison where you're scared to even take a lunch.
My impression is that morale is poor across the board. People were upset by RTO and now everyone is worried by the newfound emphasis on "finding efficiencies." It's hard to focus when, regardless of your performance, you don't know if you'll have a job tomorrow.