Some people working with Fannie Mae told TOI that the lay-offs were made on April 9 and 10, and were on "ethical grounds". Some Telugu organisations were in the spotlight in January too when Apple ...

US mortgage giant, Fannie Mae, has laid off 200 employees, mostly Telugus, over salary fraud, according to a report. The employees allegedly misused the company's matching gift programme by ...

Shortly before the statements were issued, reports began to circulate in overseas outlets that Fannie Mae had laid off about 700 employees—200 of whom were said to have been of Telugu origin.

Fannie Mae Layoffs: As many as 200 Indian-Americans, a majority of them linked to Telugu groups, were fired by the Federal National Mortgage Association over an alleged involvement in a donation scam.

US federal mortgage giant Fannie Mae has laid off 700 employees as part of an internal restructuring exercise, including nearly 200 Indian-American staffers — largely of Telugu origin — on ...

US mortgage firm Fannie Mae laid off around 700 employees this week — including hundreds of Indian-Americans. Around 200 people were fired over salary fraud allegations while others lost their ...

US-based financial company Fannie Mae laid off 200 Indian-American employees from its team, with a majority of them linked to Telugu groups on 'ethic. Tuesday, 02 January 2024 12:17 GMT.

Fannie Mae has fired more than 100 employees for alleged "unethical conduct"—marking the latest in a string of changes at the government agency. He noted that the firings took place throughout ...