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Americans, a majority of them linked to Telugu groups, were fired by the Federal National Mortgage Association over an ...
Fannie Mae has laid off 700 employees as part of an internal restructuring initiative. Among those affected are nearly 200 ...
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Edex Live on MSNMass layoffs hit Indian-Americans in US: Telugu-origin employees face the brunt — here’s whyIn a growing controversy surrounding American mortgage giant Fannie Mae, more than 100 employees — many of them from the ...
American mortgage firm Fannie Mae has reportedly dismissed 200 Indian Americans due to alleged misuse of the company’s ...
Fannie Mae, a US mortgage giant, has terminated nearly 200 Indian-American employees, predominantly of Telugu origin, due to ...
At least 200 of the terminated employees were let go for allegedly misusing Fannie Mae’s “matching grants programme,” a ...
While Fannie Mae sacked about 700 employees in the last two days, about 200 of them, including several Telugus, were said to ...
Reports suggest that 700 people were laid off at Fannie Mae last Thursday and Friday, but no official announcements have been ...
Fannie Mae has laid off 200 Indian-American employees due to alleged unethical conduct and irregularities in its grants ...
Fannie Mae Layoffs: 700 Employees Dismissed, 200 Telugu Workers Accused of Misusing Grants Programme
The layoffs took place over two days, with 400 employees dismissed on April 3 and an additional 300 on April 4. Fannie Mae stated that these actions were necessary to address irregularities uncovered ...
The company has since cited 'ethical' reasons for the layoffs with reports indicating that the affected employees had misused the Fannie Mae matching grants program.
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