Federal National Mortgage Association Fannie Mae layoffs, on the record
Every job cut, severance charge and restructuring Federal National Mortgage Association Fannie Mae reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 8,100 to approximately 7,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 8,100 | December 2023 |
| 10-K for 2024 | approximately 8,200 | December 2024 |
| 10-K for 2025 | approximately 7,000 | December 2025 |
Job cuts, severance and restructuring
Our summaryFannie Mae cut its total headcount during 2025 and recorded higher severance costs than in 2024.
Word for word“Severance costs were $95 million higher in 2025 compared with 2024 , with total headcount declining from approximately 8,200 employees as of December 2024 to approximately 7,000 employees as of December 2025 .” 10-K for 2025
Federal National Mortgage Association Fannie Mae has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Federal National Mortgage Association Fannie Mae’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.