Thread regarding Fannie Mae layoffs

If Fannie cared....

They wouldn't be forcing us to drive to an office while gas prices are out of control.
The cost of commuting is such an unnecessary burden when we were highly effective as fully remote employees for 5 years!
Love doing more work for less money!


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| 13 views | | 18 replies (last 24 minutes ago) | Reply
Post ID: @OP+1m36xkgae

18 replies (most recent on top)

@cd at this point why did you not find somewhere else to work closer or remote? The suffering is a feature to push folks out without need to pay severance package

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Post ID: @mn+1m36xkgae

@m1 100% agree. 5 years ago some new VP just eliminated the function of my whole team and moved us all into totally new jobs we had no experience with because they "knew best". I feel like others are finally catching up that nobody has ever cared about us and never will. I will say joke is on them because I was absolute sh-t at that job and did it awfully before getting a new job internally.

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Post ID: @mc+1m36xkgae

Almost no company cares, especially the larger ones. Fannie used to act like they did, but they don't. Most of the people I worked with would complain quietly about things, but then when they met with their manager or director tell them everything was great. People were too scared to put anything negative into the surveys so they agreed with everything while silently being upset.
Middle and upper management are probably even more scared so they just agree with everything that comes down above them and don't speak up for any of the employees underneath. These company structures, especially larger ones with lots of management like Fannie rarely allow for any real or differing opinions.

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Post ID: @m1+1m36xkgae

@OP Blame Pulte - this whole back to the office thing is his baby.

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Post ID: @kv+1m36xkgae

Haven’t you realized yet that they’re doing this to force you to quit?

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Post ID: @hg+1m36xkgae

@cd They aren’t just hiring remote contractors, but FTEs too.

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Post ID: @gq+1m36xkgae

@bg that was no mistake, they cut off the “remote” classifications early in 2024 and moved people from “remote” to “hybrid” to be able to make percentages. Keep in mind they did this while keeping a number of Senior Managers and Directors remote who then scrutinized the in-office attendance of people driving 50-100-150-200 miles a day to get to the office to meet their “hybrid” requirements.

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Post ID: @ft+1m36xkgae

@cd QFT. But most distant folks are only coming in once a quarter. Why so often yourself?

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Post ID: @cz+1m36xkgae

@bg wasn't a "mistake"

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Post ID: @cy+1m36xkgae

Fannie doesn’t care about its employees. They hope you are so miserable that you quit without severance.

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Post ID: @cr+1m36xkgae

@bg there’s a whole group of us coming down from PA, MA, NJ and NY weekly. It’s oh so draining at this point. I just wish they had given us a grace period to relocate. We had no warning or time to adjust, we just started hemorrhaging money for travel overnight. My relocation fund was lit on fire on hotels and travel costs in the first few months of RTO when nobody knew what was going on. The money I would use to move at this point is gone to weekly travel (almost 2k/month). Same exact story for my colleague who travels with me from NY.

No chance to sell houses, no chance to figure out how to upend our lives, nothing. They said, “RTO starts next week - no exceptions” and I’ve been dragging myself down to DC since that statement. Not to mention they still hire remote contractors.

I get angry when I hear they’re giving some higher-ups a heads up now to give them a chance to relocate or take severance - we were never afforded the same basic human decency. Putrid leaders have stained their personal, professional, and moral reputations.

And for what? We haven’t even been released from c-ship after all of this sh*t. They sold their souls out of fear and got nothing but tanked morale and a shell of a once-awesome company in return. It’s almost funny if it wasn’t so real and so sad.

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Post ID: @cd+1m36xkgae

You weren’t mistakenly classified. It was a deliberate decision by your management.

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Post ID: @br+1m36xkgae

Some of us were mistakenly classified as hybrid for RTO even though we live >200 miles from the offices and have to pay to come in every week. The leadership lost their morals, ethics and decency over a year ago. They literally couldn’t care less.

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Post ID: @bg+1m36xkgae

They don't care, it was an easy way to get rid of people as some quit and others found new jobs. They can then say its about collaboration but its really about oversight and micro-managing so they know they are paying for every minute of your time whether or not you sit in front of the computer and do nothing like lots of management or actually do work that really doesn't mean much. A lot of the people left will tolerate anything even being disrespected just to keep their job. Then they have the "yes" people they really not, not really the more qualified and better employees.

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Post ID: @b8+1m36xkgae

@aa Doing just enough here to not have a “cause” to let me go without severance!

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Post ID: @b0+1m36xkgae

There is nobody at the top who gives a sh-t. if they do anything and it's to your benefit, you can bet its all for optics.

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Post ID: @az+1m36xkgae

More work? If you haven't already scaled back your work efforts, to maintain some equilibrium, I'm not sure what you are waiting for.

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Post ID: @aa+1m36xkgae

Per the exec office “there is no war in ba sing se”

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Post ID: @a9+1m36xkgae

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