Thread regarding Fannie Mae layoffs

Does Fannie Mae do PIPs?

At my last company, they followed up layoffs with ridiculous PIPs. Even some of our best people were not spared. Most walked out on their own, but those who stayed were eventually fired. Could something like that happen here? I haven't been here long enough to know how things usually work.

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| 1312 views | | 4 replies (last April 11, 2025) | Reply
Post ID: @OP+1jrazpy07

4 replies (most recent on top)

It’s not like C1

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Post ID: @n2+1jrazpy07

People manager here. They do PIPs in a way that allows them max flexibility. That way, if you start reverting to whatever practices got you on a PIP once you think you're in the clear, they can still come back around a can you without going through the process again.

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Post ID: @ce+1jrazpy07

Yes, unfortunately they do pips but not the standard way. i got pipped with just two emails about my performance with no actual PIPs to improve myself. i was let go and couldnt even get feedback on any of my work

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Post ID: @aq+1jrazpy07

It's hard to answer that, we have never seen this before! This is all new territory for most of us.

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Post ID: @aa+1jrazpy07

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