Freddie Mac Tells Workers to Return to Office Full Time

Managers Have Won the War on Remote Work

In New York City, managers have won the war on remote work and are bringing employees back to the office. But the office has shrunk.

Freddie Mac Tells Workers to Return to Office Full Time

Freddie Mac told employees that they will be expected to work from the office five days a week beginning in May and promised to review compensation plans in an effort to reward key people.

FHFA cuts staff as Freddie Mac announces end of remote work

After assuming his role as director of the Federal Housing Finance Agency (FHFA) and installing himself as board chair for the two government-sponsored enterprises (GSEs), Bill Pulte is reportedly moving to cut FHFA staff, shutter some of its divisions and impose a return-to-office mandate at Freddie Mac. According to a report from Government Executive, the FHFA this week closed two of its departments, resulting in a workforce cut of about 10%. …