Curious to know if the developers / QAs are layoff in this wave. So far I hear Scrum masters and leaders from the unit.

I can survive wave after wave of layoffs, RTOs, and offshoring to India as long as they let me rip darts on the front steps again

Software engineer laid off some years ago from the firm. I know what it’s like to be laid off, and have interest in offering help to people in my field. I would like to volunteer my contact info for anyone impacted. For obvious reasons, I feel... — read more 

But being treated like a human being instead of a soulless number throughout the process shouldn’t be optional.

Despite everything they say, I can't take it for granted that it's done.

Does PTO get paid out with severance?

========= News Articles Fidelity Investments to cut around 1,000 jobs as it revamps technology operating model Fidelity is restructuring its global technology and product teams to support a new delivery model, resulting in a 1% workforce... — read more 

What do you predict/anticipate?

I know that probably sounds strange, but when layoffs actually surprised people, it meant they happened rarely enough that nobody was constantly expecting them. These days, layoffs feel so normal that there’s barely even shock anymore. We’re always... — read more 

https://x.com/TheLayoff/status/2052177259910606983

That's it, that's the question. Not sure where to look.

I am so confused and anxious... Is this layoff wave actually over? I went through every single thread and what I am seeing is conflicting. People around me including my manager are clueless, rumors and guessing. Here I see that some posters say all... — read more 

This has left a bad taste in my mouth for Fidelity. I got laid off yesterday, I'm a scrum master in Brokerage, L5. It makes sense to me that I was let go because I was one of the only two scrum masters in my chapter that were L5, nonetheless it was... — read more 

It makes everything so much more stressful. Not that I expected them to care, but still.

How much time before will I get meeting invitation? From whom will I get the invitation? Will I loose access to teams and email instantly? Any insights on how should I predict I will be laid off with near 90% accuracy.

do you think we should get fully vested in a layoff situation? I only have a few months left until my 5-year anniversary, and I see that only 60% of it is vested

1) Do you feel you understand how we will move forward? 2) Do you think we are just getting started with layoffs? In my view 1=no and 2=yes, also, execs 100% botched communication on this one.

Any IT people here who can run a quick compare on number of people in the email directory before and after the cuts? I see number of posts claiming different numbers, execs are silent, instead of spreading rumors maybe we can try to figure out the... — read more 

Stalked teams and I counted roughly 12% of my ~400 headcount unit with an out of office today. Thoughts?

Why can’t fidelity just offer VBO? Or eliminate redundant leader roles which are overlapping such as EAL,GEL, EL, PAL, GPL PL, and multiple Team Leader. Wondering what really are they contributing?

there is a quick catch up event on our calendar organizer is the chapter lead with everyone in the team when will this fu--ing thing be over??

There are no more planned "Events" in the coming weeks and months.

All those posts reporting bl oo d baths All the hysteria 1000 cuts is SOP The real issue moving forward is RTO less flexibility. How will we be punished if we can’t make it in due to extraneous circumstances? I heard many ppl complaining this... — read more 

Management announced the shift to the "New Technology and Product Model" yesterday, effective June 1. They are framing the 1,000 cuts as a "skills reshuffle" to make room for 2,000 early-career hires. To those in Tech/Product: How is your leadership... — read more 

Don't pick up any extra work! If you do, you're just validating this leadership in thinking we can do more with less. You're making it seem like it was justified that they removed people since everything is getting done with fewer people. They don't... — read more 

Diversity and Inclusion policies should be about equity, but right now it feels like they are being used as a shield during layoffs. If only men are losing their jobs to maintain 'numbers,' that isn't inclusion—it’s a different kind of bias.

I am hearing today will be layoffs focused on QA and redundant engineers. And the scrum and product layoffs will continue for another two weeks. Anyone else heard it? Kind of worried.

I was not laid off but am not happy with layoffs and very sad to see close people leave. I will have a lot of work and be miserable. Can I get a package to leave Fidelity? Could I return later?

I'm so sorry for everyone. I truly hope everybody gets lucky and lands a decent job fast.

Did they say any guidance for the laid off associates, about the need to come to office till end of the month

Going George Costanza mode. Great time to get laid off for 6 months if you were also in the crosshairs. Looking on a potential bright side; the culture here started to su-k 5–6 years ago. Will be looking for a company that at least does a better job... — read more 

Did any FTS folks get the axe? They got rid of the mandatory furlough just a few weeks before the sh-t hit the fan. In retrospect, that feels very telling. Make the contractors work every holiday now that they canned everyone else. And no amount of... — read more 

I was laid off today and just sat there like “now what?” What are your plans for now to the end of the month? I’m thinking to just show face at daily meetings, don’t do anything else and ignore 90% of teams and email messages. I mean this was worst... — read more 

What are the chances that we can trade severance for extended employment. I need it for my H1 process.

We all know there is more layoffs coming since 1500 doesn’t create enough office space. What are the next Business Units or roles to be impacted?