US company lays off 200 Indian-Americans in 'donation scam' related to Telugu organisations; similar to firing at Apple
Fannie Mae recently laid off 700 employees, with approximately 200, predominantly Telugu individuals, dismissed on ethical grounds. These layoffs are reportedly linked to misuse of the 'matching grants program,' involving alleged collusion with non-profit organizations like TANA. Similar to a recent incident at Apple, employees are suspected of manipulating charitable donations to illicitly gain company funds.
Fannie Mae recently laid off 700 employees, with approximately 200, predominantly Telugu individuals, dismissed on ethical grounds. These layoffs are reportedly linked to misuse of the 'matching grants program,' involving alleged collusion with non-profit organizations like TANA. Similar to a recent incident at Apple, employees are suspected of manipulating charitable donations to illicitly gain company funds.
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