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Reply to "Freddie Mac Layoffs Next Week "
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[quote=Anonymous]There will definitely be *some* layoffs and they will be across the entire company. From what I was told, each department was given targets for reduction. But I have no idea what those targets are (in terms of percentages), how employees were identified or when the layoffs will actually occur. It’s worth noting that Pulte has talked about “taking costs out of the business” a few times in recent weeks. Also worth noting that the company had it’s Q1 financial results call with analysts this morning. The CFO mentioned “eliminating non-essential activities” a few times but didn’t go into specifics and they did not take questions from analysts at the conclusion of the call.[/quote]
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