Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

boston dev ops RIF?

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 


“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 


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.


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 


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