I am skeptical about the value of architects in modern development, especially when they operate in an ivory tower. The role often results in a pile of Confluence pages and diagrams that no one reads, adds unnecessary bureaucracy, and ultimately... — read more
No pay raises or shares for scrum masters and squad leaders?
Heard a rumor that there will be no base pay raises for scrum masters or squad leaders this year and very limited availability of shares for both regardless of grade level. Anyone hearing the same?
Bob is now a executive co-sponsor for WLG
Let’s make this as inclusive as it gets and just make the group for white men. Nothing like using DEI to shut down groups. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
The company is overrun by detail oriented execution ant worker types with zero strategic vision and abstract thinking ability
That is why it's going to he-l in a hand basket. If you hear someone say, "im detail orienited" mentally translate that to "I probably focus on superficial details and don't have much in the way of abstract thinking ability and pattern... — read more
GCL dinosaurs
The Group Chapter Leads (GCL) role is proving to be counterproductive in our tech structure. Many GCLs, often promoted from non-engineering backgrounds like production support or testing, lack the essential experience in software architecture and... — read more
When Did You Retire
Per the title, if you have or are in the process of retiring from Fidelity and meet the rule of 70, what date did you pick and why? I know to receive your profit sharing and RHR contributions, you need to be an employee as of 12/31. If you have... — read more
Companies blaming AI for layoffs
I've been seeing more companies laying off employees blaming AI. Amazon laying off 14K corporate jobs. So many roles within Fidelity seem very robotic to me as it may be easy to utilize AI to cut overhead the question is on timing? If you work in one... — read more
The Great Indian Drama
"Posting here on behalf of an employee who is working at Fid India (as this website only allows posts from within the USA)." I am an L6 Principal Engineer in India and have spent the last 12 years at Fidelity, working across three different BUs. Over... — read more
HR Enterprise - a total mess
They brought in this woman who had no experience in HR to lead the function. Imagine managing a horrible team of old fogies who have been in their positions with absolutely no contribution. Hear she is moving to another function... only God save... — read more
What's the latest on Nov 18th rumor?
There's a buzz new round of changes are coming ONCE AGAIN to people's manager. Chapter leads, group chapter leads, delivery team leads are going to have new fancy titles. Not sure what's the future for associates level 5-7. Anyone knows what's the... — read more
Architects targeted
architects are the most talented people in fidelity..offlate we are being targeted for no reason.. please respect us
Another whinny post
Perhaps, I'm emotionally immature or just not used to toxic work culture. Fido manager seem to dump last min work items on you and react in a way they own you. And worse part, they let someone who fricking can't even understand anything remotely... — read more
Salary freeze this year
I heard rumor yesterday that no salary increases for Principal and above. Has anybody else heard?
What is the strength of the company
It’s clear that Fidelity cannot and will not develop managers to be leaders. Is there a strength that the firm has that could reshape my opinion of the firm? Things were better before the pandemic, but it doesn’t seem like work will ever go back to... — read more
Badge tracking
Managers: “Work in the office OR ELSE HR will catch you! 🤬” HR: “new managers misunderstand the policy and we have a 3rd party vendor, managers are notified of a trend before us” So is the truth that managers get a higher bonus for people being in... — read more
Been a week of flash calls
We had 3 flash calls this week already since compson announcement last week. Enterprise, architects and squad leads role definitions have changed along with key leadership roles. Still the ba----ds say, we will have more information in next 4-6... — read more
Looking for a change
I’ve given my department too many chances and it’s starting to be foolish for me to stay and expect different. Are there departments at the firm where if you ask a manager for help, they will actually be there to help not just blab on about the... — read more
NEW: a whistleblower at Fidelity Investments reveals gross incompetence, fraud, and discriminatory hiring among Indian H-1B employees.
https://x.com/realmattforney/status/1976861104736223445?s=46
The high road
If you make 2 or 3x the average household income in the USA, then you should be saving and index investing that extra 50 or 66 percent. If you don't, you are living a risky existence for stupid material things that mean nothing in the long run. ... — read more
October 21st cuts
Is anyone aware of cuts potentially being announced on Oct 21st? Lot of confirmed reports indicate there will be major cuts coming.
Bo-b drops today
Some folks have received the memo, communication already. Others will have the decision communicated today and in stages rest of the week. Bob's reshuffling at the top has fueled another change, no one is immune. If the numbers are to be believed... — read more
Future of wealth and enterprise
What's the latest on Wealth solutions? The mood has been quite somber this morning since last Friday's shocking announcement. We had a flash call this morning about possible impact.
What dirty games is Bob playing?
Sacking someone who made you a trillion, reshuffling entire top leadership only to make associates go through anxiety, uncertainty and depression all over again???? Pulse survey can’t come sooner, fido leadership is dead
What’s next?
So what’s next? All that news, all the upper echelon are being moved around. The ripple effect has just begun… anyone know anything else that will be announced this coming week? I still think those emails Friday were just the beginning.
Who will take over HR?
Buried at the bottom of leadership moves happening with Wealth is the news that Mona Vernon is coming over to Wealth to "focus on customer and product offerings." This is happening in mid-December. Will the replacement be internal or external? Will... — read more
If you left and are happy, where did you go?
I want to leave the industry but not sure what transferable skills I have. I’ve been unhappy here for a bit. So to those of you who have left and are happy, what work do you do now?
H1,GC in leadership roles
What is the business rationale for extending visas for GCLs and CLs who function primarily as people managers rather than technical leaders? .why should a low level iq person with low technical skills who came on H1B be made people manger of a highly... — read more
Managers messing with stats
Notice how some people can always stay close to 200% of their goal that month when the rest are at 70-85%. It’s so annoying that brown nosing will let a manager sc--w over the rest of the team by funneling all the work to their favorites /friends.
It’s Happening
Fines for discriminating against Americans. https://www.justice.gov/opa/pr/civil-rights-division-fines-tech-company-200000-discriminating-against-us-workers-part
Any news on what next connect week schedule will be like?
Increase of days? Same schedule?
Any layoffs - hearing news of farewell emails
Any layoffs ? People sending emails about their last day at fidelity . Also seeing other folks in other companies with long tenure doing the same. Saw atleast 2 of them this morning on linkedin. Also lot of hiring in India as H1B fees by trump.
H-1B End Is Nigh
Both dems and reps are talking about reforming the visas. Everyone knows it is hot garbage. The end is nigh.
Why bother?
Why do people even bother with kissing a$$ to upper management and then burdening themselves with the fake lifestyle of pretending to matter as a 'middle manager'? I did tech for about 20 years and then retired because my 'butt kissing' manager was... — read more
Realistically how many days do you have to miss during a connect week in order to get flagged?
Has anyone gotten flagged before and how many days until they actually notice.
EEOC
Anyone have experience going this route? I know the trainings say there is a zero tolerance for retaliation, but that just means feedback. I’m just trying to understand the additional trauma this would cause me, before filing
Rip the bandaid off already
Rumors were circulating that the layoff rumors were to keep people on their toes and to make them work harder… that will only last for so long, we’re tired now. Productivity in my department is at an all time low. Entry level people are playing... — read more