The layoffs at Freddie have been ongoing for a while. It affects pretty much all departments and work functions. You really cannot hide it - the overall morale is very low and one has a feeling that the firm is sinking by the hour. needless to say, let's say that the Government changes direction and decides to discontinue the unreserved support it has been provided, I would bet that Freddie would fold in a week or two. My 2 cents...
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