Anonymous wrote:I don’t like the thought of competing against h1bs for jobs.

You are a racist Xenophobe.

I don’t like the thought of competing against h1bs for jobs.

How long are H1B visas good for? I feel like it’s a flood. They aren’t being hired for “cheap labor”, bc their salaries are comparable to an us citizen, no?

Why can’t they do away with them- send them back to their countries- and hire us citizens- from fed govt and elsewhere?

If they privatize, maybe they'll finally consolidate senior management and remove layers.

They have the most useless and corrupt IT staff I have ever dealt with. Do not hire any of them under any circumstance.

Anonymous wrote:For the Fannie people out there, rumor spread last night that those working late in the building were escorted out by security because DOGE was entering the premises. Anyone hear this as well?

So I have been contacted by multiple people from IT at Freddie looking for jobs. Old h1bs.

Guess that they are finally firing people

Anonymous wrote:I’m ignorant in this, but I thought Fannie and Freddie were govt. agencies. How can they bring in all these foreign people?

They are Government-Sponsored Enterprises (GSEs), meaning they are privately owned companies that operate under a congressional charter but serve a public purpose.

I’m ignorant in this, but I thought Fannie and Freddie were govt. agencies. How can they bring in all these foreign people?

I was part of the 2020 Serverance Layoffs at Freddie. Turned out to be a great thing for this 60 something old man, got a new job with a decent firm, got out of the Freddie H1B madness, booked an entire year of salary on top of the new job salary, did Roth back door conversions, and retired at 64, 4 years later.

but I had to call Freddie HR Connect on friday and they said none of the HR folks were available, there were all in Severance training, maybe in preparation for another round of layoffs??? or for their own Severance???

Heard of some layoffs at Fannie today. Not sure which group though. Any insights?

There were multiple VPs in Finance let go

Anonymous wrote:

Anonymous wrote:Layoffs yesterday. One guy was on vacation and got the call- brutal. CISO.

Can confirm a VP and half her team were laid off as well with Fannie. One employee was at home on medical leave

Great news.

Anonymous wrote:Layoffs yesterday. One guy was on vacation and got the call- brutal. CISO.

Can confirm a VP and half her team were laid off as well with Fannie. One employee was at home on medical leave

Anonymous wrote:CISO got laid off?

IN the CISO office.

Fannie.

CISO got laid off?