Why US giant Fannie Mae has fired 200 Indian-American employees, mostly Telugus
American mortgage firm Fannie Mae has reportedly dismissed 200 Indian Americans due to alleged misuse of the company's matching grants programme. Of the 700 employees let go, around 200 were terminated for 'ethical reasons', while the rest were part of a company reshuffle. Now, Indian-American Congressman Suhas Subramanyam has contacted Fannie Mae, requesting an explanation for the decision
Explainers