I get that being played off can be really stressful. More so now than ever companies are showing us how little we all matter. If you’re on the finance side of Fidelity, have you ever given thought to using your skills for yourself instead of a... — read more
Ten years
I guess being laid off is my anniversary gift? Fu-k them.
FINALLY Media Confirms Layoffs
I mentioned earlier that it would be good to subscribe to Ignites. The Boston Globe just put out an article titled "Fidelity Cutting About 1000 Jobs But Hiring More Than 5000, What Gives" I am not going to subscribe to the Globe, but I'm sure it's an... — read more
This is terrifying..
Im sorry to everyone affected, the market is he-l right now. oversaturaded is an understatement, not to mention meritocratic hiring practices have been done away with in exchange for inexperienced workers who will listen better and take less... — read more
How many got hit?
How many people got impacted? What positions specifically got impacted in each BU? Any interesting people get laid off today? I apologize to anyone dealing with the lay off. Both the website and dealing with being laid off. It’s one of the roughest... — read more
Managerial Positions on PTO through Monday
I see many Managers/GCLs, TLs are on PTO today, tomorrow and Monday what’s the logic behind it?
What happened today was horrendous
I don’t get the logic, everyone I know that was impacted is a top star employee. Why the actual eff did HR get rid of everyone they did but not touch the hairdressers that came over during the pandemic, without a high school degree?! Why did they... — read more
Anybody else lose half of their team?
What the he-l are we supposed to do now?
If on PTO Today?
What if on a PTO today? Few in my agile team are on PTO today. What happens if they are on the list?
Flash call for tomorrow at 8:30
I just got a flash call put on my calendar for tomorrow at 8:30am. I can’t see who else is in the meeting, but it’s with my CAL. Any insight on what this meeting will be? Will layoff notices continue to be sent out tomorrow? I thought people would be... — read more
IC VP Roles Impact?
No news so far but folks are getting meetings from their manager/skip manager etc. Any VP IC - any layoff impact you faced?
Do you think managers knew ahead?
One of my teammates complained a few days ago how it seemed our manager was acting weird and avoiding her for the past couple of weeks. Today, she was laid off. Could he have known so far ahead?
Just today or just the beginning
Do we have any indication on how the layoffs will be structured? Just today? Weekly? Daily? Who knows?
1:1s
Is there a difference if the meeting is scheduled with HR alone versus HR + a MGR (like if it means laid off versus moving to different org)?
Laid off today
Alright guys I’ll give y’all a real post. I was an SM in wealth and got laid off today. I know you guys like to hate on SM’s but seems like a lot of us got hit. Meeting was put on my calendar super early this morning as a 1-1 without any context... — read more
Does Anyone Subscribe to Ignites Newsletter?
I started with Fido when Reagan was president, now I'm retired. I've seen how they have been able to keep bad news out of the media or at least they control the narrative. Ignites is a great newsletter for the financial industry that sometimes has... — read more
Got an invite for Flash Call
Guys, what is this meeting for a flash call on my calendar? any ideas on what is happening?
Younger getting laid off
G6,5,4 - majority are youngsters getting laid off. Runway if you are young this is a company for dinosaurs
The LAST place anyone
That just got notified they were laid off would be On here. Sorry it’s a bunch of lying trolls in the real world they’d be figuring out insurance and severance and contacting family.
Ok I’ll play along
If you get notified , do they give you a chance to find another role within Fidelity?
BU Layoffs
Anyone hear of anything in FI, Fid Institutional? Part of my group joined Fid Wealth earlier this year but we are remote this week and not sure what’s happening. Another teammate is going out on stress leave. Everyone is beyond miserable.
Trend and patterns
Any one see any pattern in the layoffs ? IP ? Squad leads with small squads ? Platform team SLs? etc
What kind of notification is it this time?
I've seen several people saying different things (unexpected scheduled meeting, email...) so which is it? Or is it how a manager decides to let their people know?
G8 to G7 or layoff
SLs and Architects who are in G8s are asked to take up G7 roles or are they are getting fired ?
Wealth platform
Squad lead here Long time fidelity. Got 12 months severance, holidays paid out to cash and prorated bonus. Was asked to keep it to myself but fu-k that sh-t, I hate how they broke the news so I don't care. Multiple scrum master in my previous role... — read more
No one being escorted out at 245 so
Where are you seeing layoffs?! I think there’s still BS going on.
Yes there are layoffs, potentially well into the thousands.
Upper middle management. Not saying anything else for the sake of not ousting myself.
Even if this was false hysteria
AI and globalization and robotics ARE having and continue to be our biggest threat collectively. So this is a blip on what’s coming down the Pike.
Calm Down
Most of these layoff posts are some type of sadists.I dont see anything happening in the office
CSS Brokerage RIF
Has anyone heard if CSS in brokerage is being impacted? If so, do you know what sites? I’d like to think not as they just told us RTO is coming and I don’t see how an immediate RIF makes sense when it’s clear they want to see people quit rather than... — read more
unscheduled meeting at 8:30
Got laid off.
Please Post BUs
Can we all please post the BUs where layoffs are happening? So we can keep track of it?
Layoffs Happening In My Group
Wasn't just rumors for the group I'm in. Teams is full of people sharing what time their calendar invite that just came in is for with HR + some leader. Everyone promising to give each other recommendations if needed, posting personal emails and... — read more