in all the chaos today there are now rumblings that with RTO impacting the campus, boston dev ops is first on the block
Why
Why are we letting leadership make unilateral decisions without pushback? The push for full-time office work feels unreasonable and out of touch with what many of us actually need to do our jobs well. It seems like a culture of fear has been created... — read more
Can't Focus with the news.
Did anyone else just basically shut down mentally with the news today? Really struggling and doomscrolling. This is going to su-k. Did any work get done today or did we all just fall into a mental void.
“They make you go into office more at Vanguard”
Back in 2023 at an FI all hands in SMT, one of the heads of the BU said “Vanguard makes you come in 3 times a day, we’re MUCH better than them”. Roger Stiles also said in the end of 2022 that the approach for one week in office was fair. I wonder if... — read more
Onsite full time in September
Email from the highest level few min ago
Mid-life crisis
Thanks to shares and bonus, my Box 5 comp went up over 50% last year. Yet, I still want to escape. wtf is wrong with me? Am I a spoiled little sh-t or what? My CL says the job market is bad right now. I've been at Fidelity a long time and feel... — read more
Boycott FLIK
Let’s all boycott FLIK - why are we coming here more to line their pockets! Pack a lunch. Let’s all get on board.
So layoffs will stretch on for weeks?
That's what everyone seems to agree on. Good thing I don't care enough to be stressed about it.
What are they doing with contractors
Many of us have contracts with no office requirement and I think if they force us in it could be a miscalculation in some states especially in MA.
If there are layoffs, just do it already
The company culture is in the toilet and it doesn’t seem like it can be fixed, there are too many unqualified people in too many roles because Abby was too terrified to lay anyone off during the pandemic. It’s annoying to not know what is going to... — read more
Setting boundaries
Going forward... 8 hours a day. max uninstalling BYOD if asked to travel the answer is No save your pizza parties and team building. if i'm not working, i'm going home not good enough? bring on the PIP. Will gladly take it and the package... — read more
I might have just saved somebody's job
I quit. I got a comparable offer and I just wanted out. My only regret about leaving Fidelity is that I can only quit once. I'd do it every week if I could. Every day. That's how much I've grown to hate this place. I just hope somebody in my team... — read more
Any Impact to India ?
Any Impact to India ?
Garage backup
Westlake garage is backed up like crazy today. Did the 8+ rule already go into effect?
SAI
Anyone hear anything about SAI? RTO or RIF?
What’s the RIF date?
One rumor was May 5, anyone have a good source one way or the other?
Massive Layoffs Coming To PI
This information was confirmed by someone in the know. Anyone heard of other BUs doing layoffs or it will only be PI?
RTO
Cats out of the bag boys and girls. If you’re in certain sites you’re going back 100% from September.
Why are they so determined to cut critical roles?
For years now, every layoff round has taken either a core role or someone who was holding the whole team together. And nothing ever gets backfilled. No follow-up, no acknowledgment of the gaps. It's like leadership wants teams to fall apart. I get... — read more
100% RTO and Layoffs
If im them, I announce both at the same time. People left won't be complaining about 100%
I wouldn't be sad if I got laid off
Every job has its pros and cons, but here the bad has been steadily outweighing the good for years. I've got some savings, and I'm not exactly optimistic about the job market. But begging to stay and being consumed by fear over losing the job? Not... — read more
Wealth RIF
Brokerage, Wealth, WI, PI are all under WEALTH as a BU. Back in 2024, they split Wealth into Personal investing (PI) and Workplace Investing (WI) that had some impact and layoffs. But the move did not make sense long term and hence with Emerson's... — read more
RIF - SLs,GCLs
In two weeks, a RIF will take place at WI ,Wealth & Brokerage. The SL/CL roles will be combined, and SLs will be asked to assume G8 positions. GCL roles with fewer than 8–10 direct reports will be eliminated. In most cases, GSLs will take over the... — read more
Wi - Rif?
Very nervous about the next two weeks. Anyone know the potential impact to SL in WI? My group is thin so it’s baffling to think we will be impacted.
Is this info about Wealth true?
Everything with WI is re-orging. I heard first week in May it’s announcing and paired with a RIF. Mostly affecting squad and chapter leaders. OP: @b3+1kpv2g06d
Individual Buyouts ?
I’ve seen some comments about older Associates being offered a buyout package. Is that really a thing? I’m 61 and wondering if they might approach me as I don’t think another VBO is in the picture.
I've lost all motivation
No paths to advance. No real rewards for performing well. Constantly waiting to get laid off isn’t exactly motivating.
Internal mobility
When do your manager find out if you have been speaking to an internal recruiter or interviewing? Received an email from internal recruiter for a role two level higher than me. But I don't want my manager to know I'm speaking to recruiter or going... — read more
Asset management
How is this BU? I'm in brokerage, and received offer to move asset management. Does it also have constant reorg?
May re-rog
According to multiple sources here in NC, there could be a major reorganization involving GCL, SL, and Architect roles across all the BUs (Starting with wealth and brokerage) . GCLs are largely viewed as paper pushers with no real value, and many G-8... — read more
Continuation of layoffs
This or next month?
Oldest coworker around you?
I'm a level 7 individual contributor in tech in my early fifties. With four kids soon all in college and a late start (last year) on active retirement investment, I plan to work till age 65. I actually enjoy my work and my team at Fidelity. Assuming... — read more
This is not about age
People keep trying to make this about generations. Older workers don't get younger workers. Younger workers resent older workers. That's not the real problem. The real problem is the gap between everyone who does the work and the executives who make... — read more
Your regularly scheduled reminder to act your wage
You're not doing yourself any favors for doing more at this place.
A broken system plagued by favouritism
So many posts about EIA snub and no recognition highlighting individual accomplishments with EIA. An EIA IMHO stands for excelling individual, yet if you win something and instead just receive "great job team" it tells you how Chennai connection or... — read more