I just got converted from contractor to FTE ? Can they layoffs new hires too

What's the situation here when you're laid off? I have a kid who needs regular prescriptions and I can't afford to lose coverage. When I was let go from my old job, COBRA let me stay on the company plan but I was paying the full premium plus two... — read more 

Anyone know if FCAT or Green Meadows are impacted?

I checked my managers calendar and it’s wide open tomorrow. Does that mean my whole team is safe? How long is the HR meeting so we can see if we’re possibly impacted?

to put out a statement that either confirms or denies this event if it is indeed true or just rumors. It’s bad business keeping it out there it can shake investors too hearing about this. Everyone wants stability. Needs stability so transparency is... — read more 

My manager just added something to my calendar two months out. So I’m good this round.

This stress of Thursday is making me feel sick and reading the last post. Anyone else feeling the same?

As a people manager, I can confirm I received list of associates I'll have to let go. My manager probably received the same. We all have mandatory trainings tomorrow to break the news in stages on Thursday. Just like level 4-7 associates, level 8... — read more 

Is there any truth to the rumor that people who received inconsistent performance rating last year due to not following in-office adherence will be laid off? I am on a very small team and I believe I am the only one on my team who got an IP so I’m... — read more 

Heard through the rumor mill they WILL be re-evaluating exceptions and it may be harder to get one.

the large influx daily! They barely survived this winter with rampant cancellations and hours long delay? How is mgmt going to handle that? Commuters stand outside at the commuter rail you cannot expect people to stand outside to catch a delayed... — read more 

And it’s freaking me out. Maybe most folks just live under a rock or are so numb / broken from being bossed around from the overlords up the chain that this just seems normal!! Either way it’s freaking me out. I feel like I am in some weird dystopian... — read more 

100% layoff scheduled for 6/1. So when it doesn’t happen, I’m going to post it’s because the rumor was leaked.

anyone speed read overnight???

Because this state is driving young adults out with zero affordability. Boston rent is off the charts, it’s unsustainable here. The governor has not met a tax she didn’t like we are quite literally being squeezed and taxed to death here. So don’t... — read more 

Let’s share some here. Real ways to get through a layoff, since many people here are very worried.

Share the wealth.

Like many folks at Fidelity, most people don’t have a separate QCI meetings but those managers randomly schedules a QCI this Thursday can only mean one thing. RIF. The RIFs have been verified by multiple sources who have access to high level... — read more 

Not here to contribute to saying a layoff is/isn’t gonna happen. That being said, I took 0 hours of PTO when I was laid off. I was surprised when I had my PTO hours paid out to me in cash. That and equity all paid out to me in a lump sum for each... — read more 

Anyone have any realistic estimates of how many will be impacted by the alleged layoffs this week?

The consensus seems to be this Thursday. I haven't heard much beyond that. If the rumors are true, does anyone know which orgs or roles are on the block?

So is the firm just cleaning up the unqualified people that were promoted over being fired during the pandemic? Those are the only people I know who are overpaid. Everyone else doesn’t make what they’re worth

By being 6 years into this. Some were hired as hybrid, and yes I know a company can change their business model whenever they want, but it also breeds bad faith and discontent. Many people were hired as hybrid or having spent 6 yrs wfh have built... — read more 

Would they make them axe people on their team first, then they are cut? lol I want to be in those meetings

I've been here five years and the last five have been miserable. If they offer a package, I'm gone the same day.

Management in my BU looks mostly upset about having to come back to the office. No one really seems to think there will be layoffs. It makes me feel better that the leaders are also unhappy about having to come back to the office.

We all know that’s not happening.

This varies by state, but in my state (Ohio) severance pay is deductible income that will reduce unemployment benefits 1:1. Does anyone know if it's possible to negotiate having the severance assigned entirely to the week of separation so that we can... — read more 

Looking to see if any word. I’m scared.

She is 64. Will she retire soon? Maybe things will get better then? 🤞

It seems like the roles impacted are only tech and agile. What would be the reason to bring the whole company back other than phones, if there’s no RIF impact? Based on what’s posted here if there’s so many groups with zero impact. Why make... — read more 

They want us to quit? Guess what, you’re stuck with me until you lay me off 🤣

There’s no way fidelity will layoff a significant portion of the staff. Abby doesn’t want to let her friends go. The tech teams might be impacted, but with no vbo, how likely is it that there will be layoffs.

I will never be available outside office hours again.

The reddit post on the official Fidelity page titled "Fidelity to bring employees back to the office 5 days a week" with links to news articles was removed after 20+ hours of significant... — read more 

For a while, I was afraid to commit But this week I will be going in like a free spirit. I was always a high performer, but no one ever gave me the credit.. But this week I will be going in like a free spirit. The top management has acted one too... — read more 

I have zero motivation Since the announcement to return to office. I did very little between then and now and it will be the same all next week. Anyone else?