Thread regarding Fannie Mae layoffs

Are they done for this year?

I am not that sure. I wouldn't be surprised another group gets laid off two weeks from now.


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Post ID: @OP+1m65cyrdf

9 replies (most recent on top)

For this year probably not another one, unless the 3 stooges and or Pulte are pi---d or are trying to appease their lord and savior.
Once performance ratings are official in the system, there will be another round in January/February for anyone with a 3 rating (at a minimum thats around 50 people) thats been done for a couple years now.

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Post ID: @xx+1m65cyrdf

@sp They seem to be rotating through different teams and business areas with each round of layoffs. Each group has its turn

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Post ID: @x2+1m65cyrdf

@k2 it was around 90 people so less than 200 estimate, mix of directors and associates

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Post ID: @sp+1m65cyrdf

@j4
Estimates vary from 100 to 200, which in less than feared.

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Post ID: @k2+1m65cyrdf

How many were laid off in latest round?

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Post ID: @j4+1m65cyrdf

Unfortunately, I am not sure it will ever be fully done.

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Post ID: @cf+1m65cyrdf

Nov through Feb
It’s all rumours tho but I wouldn’t be surprised

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Post ID: @bz+1m65cyrdf

@ac year end party is a covid and fly exchange festival. Right before taking off for holidays. No thanks

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Post ID: @bq+1m65cyrdf

Maybe they will target whoever skips year end party

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Post ID: @ac+1m65cyrdf

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