Been with the company for 2 years, only had 1 meeting in person. Why cant we just be remote?
How often do yall have in person meetings?
Been with the company for one year and only had one. Whats the point of going to the office?
Word around the water cooler?
What’s the latest word around the water cooler? Any update on the operating model or title changes? Or just anything in general?
Spotify agile coming back?
Is it true?
Unexpected role eliminations on LinkedIn
Seeing few unexpected role eliminations posts on LinkedIn , was there any update or a flash call about this recently ?
Unbelievable
What is wrong with fidelity??? The managers have suddenly become super toxic, their tones have changed as if they "own you"... I'm not sure what's driving this behavior but this is certainly not the company I recall working for ..I have been part... — read more
Micro management increasing
Not sure if it is just my team/ leader or it is coming down on all other teams / Fidelity as a whole but there is an obvious added micromanagement since the start of the year. Whoever is dictating this will be looking at higher turnover ratios before... — read more
Toxic competing culture
At fidelity, we are not working to compete against our market competitors. We are not competing against other BU's. We are competing against person sitting next to us. And these toxic managers are encouraging this behavior more than anything. At... — read more
How easy is it to transfer internally to a different role/team?
Am I better off applying externally?
How’s the work culture here? Specifically in IT?
Looking to apply for a few positions
Quarterly check ins
My team is tired of writing quarterly check- ins and monthly practice reviews. They work hard and spending all this time is getting to them. I had a few just not submit one this quarter despite my weekly reminders. Can’t say I really blame them.
Profit sharing (ps)
Do you folks in the US get another PS lump sum in addition to the Dec bonus? Is everyone entitled to it? How much do u normally get?
Newby here- What are Connect Weeks?
Are they just weeks you’re required to go to office? What if no one on your team lives in the same state as you?
Why Sr Managment always visiting India
I see them visiting India , Bangalore so often. They hardly visit sites in USA.
Newby here- what are connect weeks?
Saw a comment on a different post about “connect weeks” schedule being posted…. What’s that? Are those weeks when you’re expected to come into the office? I assume where most if not all meetings are through Zoom? Or is it Forced socializing?
Any concrete news on layoffs?
Does anybody have anything with some kind of a source outside of rumors and wild guessing?
Bloated Tech Leadership
The introduction of a co-pilot fundamentally changes our capacity. If a squad lead like me can now handle most development tasks with AI assistance, it accentuates the inefficiency of our bloated structure with so many L-8 GCLs and Architects who... — read more
Prioritize your family everybody
I read a comment saying someone was told by Fidelity that they were approved to move to take care of their ailing mother, and then Fidelity said “sike”. To the person in that predicament, I’m sorry Fidelity did this to you. I read a rumor that... — read more
What's latest on colocation????
Water cooler chatter has been buzzing and seems the idea has picked up steam again???? Our team is scattered across different regions, and I'm the only full time in this location in my team, along with few contractors. What's the latest??
I take it this did not happen?
Layoffs coming tomorrow. 15% of middle managers are getting axed. AI has replaced their job and as they add no value a reduction is needed. No layoffs today, right?
The bureaucracy here is insane
Getting anything done here is a nightmare. You need ten approvals for the simplest task. It's not structure, it's a cage that stops you from actually working. I spend more time fighting the system than doing my job.
1 week RTO beginning of March
Anyone else heard of this? Are they really going to go back to 1 week return to office? Heard from someone that works in HR
Has anyone used the company’s student loan assistance program?
Is it actually helpful?
Profit sharing delay
Any conspiracy theories on why profit sharing is posting so late this year??? In years past it always posted by the 15th or middle of January.
Does management here really keep track of your status daily for all employees? Red, Green , Yellow?
Thought this was only for project managers?
Can office location be negotiated?
If there's a job posting for the Westlake location, can I request to go to the Jersey City or RTP location instead?
Is there a possibility to negotiate office location?
I see a job posting for the Westlake, Texas office. Is it possible to ask to go to the New Jersey, Boston or Durham office instead? Has anyone heard this being done before?
Fidelity – Location bias, network hiring, language silos, and culture shifts from prior Big Tech experience
Quick observations from colleagues across Fidelity sites: Heavy reliance on personal networks for hiring (often relatives/friends from India via H-1B/transfers) → opportunities stay within tight groups. Frequent non-English communication (Hindi... — read more
I'm tired of always worrying about layoffs
That's it. That's all I wanted to say.
91 Asset Allocation Funds at Fidelity
What a joke, fido has ~91 different flavors of the same thing, what a clown camp! Is the marketing team wagging the investment management team or what holy shxt! Hmmm, how many asset allocations can we make up....how about our next attempt to... — read more
Cronyism at highest level
Head of a BU (L1) appointing his old (kisser) report to be the head (L3) of a highly technical domain which the kisser has no education, training and experience. I'm not talking about the old head of HR with engineering background moving to a... — read more
Too many Squad Lead and GCLs in wealth and brokerage
We are carrying excess headcount in Wealth and Brokerage SLs/GCLs. They are largely unproductive, with their primary 'output' being pointless PowerPoints for internal forums that achieve nothing. Their grades are inflated and must be cut to a Grade 7... — read more
Favouritism and how does it end??
There has been blatant favouritism going on since past two years within our team. This manager has been dangling the carrot right in front of me in the name of opportunities, yet has never recognized me for my efforts. All while pushing this pet on... — read more
Can someone confirm if a layoff happened?
Someone said earlier that lots of scrum masters got let go. Can someone confirm if a layoff happened yet?