If there's high attrition and turnover, I'd think there's simultaneous hiring going on for the positions that are left open. I believe this isn't happening either. It almost feels like these are 'passive-aggressive' layoffs, where you are just... — read more 

There's a high turnover rate in my division... This is not surprising given that I am on the IT side of things, things are moving quick even for Freddie Mac... Only some teams get the coaching and structure required to function as a true and fast... — read more 

1 week per year of service?

Bad times are past, we are doing just fine now

just saying, we are cool at Freddie right now

From 2010: As the White House and Treasury continue to work on their recommendations to revamp the housing finance system — in particular, the GSEs — a new round of layoffs has begun at Freddie Mac with cuts soon coming at Fannie Mae, according to... — read more 

is there actually anyone left working at freddie?

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... — read more 

Here we go again, another round is just about to start.

Unless the U.S. Senate acts, the Sallie Mae facility in Lynn Haven likely will start "immediate" layoffs due to health care legislation that keeps private loan providers from originating student loans, officials said Monday. More:... — read more 

This one is for Sallie though (via WSJ on 10/21): The company, commonly known as Sallie Mae, also said in a conference call Wednesday morning that it may have to cut costs by 20% to 25% (this includes Sallie mae's workforce reduction.) WSJ will... — read more