So, today, I got tired of all of these silly "executives" and the "C suite people" do nothing, talking heads, and I tossed all of their resumes in the trash. I hope they all get a layoff. I'll never hire them. There are soup lines and Habitat for... — read more
Wealth and brokerage cuts
Heard this morning that a lot of scrum masters were set free with immediate effect (contractors). Some are given time to find new role within fidelity till end of March. Any other BU getting impacted?
Toxic stress
Success and failure come from the top down. Abby has to be free falling because the company is getting worse by the day. Just grow a pair and fix the management crisis. It’s pathetic that anxiety leave is a regular reason for people to be out of... — read more
When did the scrum master layoff talk start?
Got laid off as a software engineer in 2024. Found a good life after fidelity. Just wondering where all the talk about scrum masters getting laid off came from. I heard the Spotify agile model is getting done away with (not just because of the last... — read more
What's really drove the end of Spotify agile
Spotify was a broken model to begin with especially in Fidelity. But What's the inside story on how they realized this agile model is not working in Tech. After spending millions over the years on all change.
CE group chat
Anyone heard about this group chat going around in CE? Apparently there was this 60 person teams chat where they were sharing client information, making race jokes and trash talking coworkers. Al R found out and got p1ssed and is going to fire a ton... — read more
Wealth shake up and cuts
We were told that there's a major announcement coming up next week and a bigger cuts to be announced at the end of January. Focus will be on colocation again, if you were an Exceptional performer last year you're on the chopping block if you're not... — read more
Relocation
I work in a part of FI that is now a part of Fidelity Wealth (yet we’ve been given no direction or concrete info). Anyone heard of upcoming relocation pushes away from Smithfield? The 900 building/traffic/parking garage is a complete disaster and no... — read more
Toxic manager posts
For the better part of past 2.5 years, my manager has been "dangling the carrot" in front of me as a promise to give me opportunities but reality is I have to find my own ways to showcase my work. I have noticed this snake keeps shutting down my... — read more
Why do post get deleted on here?
Wrote something earlier and now gone.
Got in trouble with HR for normal PTO usage
Had some wfh days due to flu/illness, and had too many PTO days that created a pattern. Thanksgiving, Christmas, New years all fell on a Thursday this year, which led to a lot of my off days being similar and created a pattern. Feels like I got in... — read more
Is colocation back?
Wealth and brokerage have been struggling with their strategy for better part of last 2 years. Every couple months there's an org update email followed by period of radio silence and generic "We will get through this together" bs during AAM Recent... — read more
Health insurance
This new plan su-ks so bad. I picked the same one I had last year but now it’s so much more expensive.
Is this for real??? Or some impractical joke???
I started a role 3 months back from Ohio, I had to relocate for the role to Boston per contract (which I did at my own expense) However, I had asked if I can instead relocate to Westlake as I have family there, for which I said No. This morning my... — read more
Is being a newer hire a layoff risk at Fido?
I’ve been with the company for about nine months and I'm starting to hear a lot of chatter about more upcoming changes. From what I see on here, it seems like the cuts can really depend on your specific business unit or project. I’m trying to figure... — read more
Just WOW
I was thinking about applying for a tech security position. Until I saw the hiring manager. I am familiar with her. There is no way that she knows anything about tech security... And, she's a director. Like, she's an 'expert' in the field. First... — read more
Colocation BS is back, new HR mandate
It seems the new HR is back with the hammer for colocation. Contractors, who were remote hired are supposed to be in office during connect week but the full timers in different region are told their position is moved to different region. You can't... — read more
No layoffs, just no benefits instead
There should have just been layoffs for underperformance. Hiring someone from McDonald’s, during the pandemic, and sending them back because they never break 30% kpis… just layoff people who don’t work. Why do I have to pay for it?!
Eager beaver and toxic manager posts
Is there a way to report such cases to anyone without any serious consequences??? It's frustrating how managers are blatantly using these tactics. I am in a similar situation where this new person who have no access to system whatsoever, is... — read more
Leading From the Floor vs. Leading From the Deck
Read this article about the CEO of Waste Management, who regularly shows up to early-morning safety meetings, rides with frontline crews, and spends time in the field talking directly with employees and... — read more
What’s taking so long for the next layoff to happen?
Started working here during the pandemic. I remember the huge layoff back in 2024. Not really familiar with how Fidelity does layoffs. That being said, there’s (a lot of) talk about certain positions getting laid off. There’s been a few layoffs, but... — read more
What is the timeline to getting promoted once you are a level 5 or 6. Is it 1-2 years?
I see some people getting promoted rapidly within 1-2 years max and others still have the same title after 4-5 years.
Manager Toxic Tactics
So we have someone new joining our team and ever since they joined they have been on my a$$ to know how I do what I do. While I understand the enthusiasm, I feel my manager is purposely bringing such individuals in the team (the latest being the... — read more
Don't wait for a severance that might never come
Everyone needs to remember that severance pay is a gift, not a right. There's no law that forces a company to offer it when they let you go. If you're at Fidelity and waiting for a buyout package, you're gambling. You could end up in a crowded job... — read more
Fidelity the generous
Just submitted my charitable donation matching request to Fidelity Foundation and happy to see my humble donation to my cause was tripled! Yes, Fidelity match 200% of your charitable donation. 2025 was a good year for me, a foot soldier who worked... — read more
What’s going on with the Leap program?
Looks like at minimum, 2 Leap technical coaches were let go. As a former Leap Alumni, this is sad to see happen to the program that gave me my one way ticket into tech. Does anyone know what’s going on with the Leap program? Have Leap alumni... — read more
VBO - Back On The Table?
Head count reductions are coming. HR is looking at span of control again. This always leads to HC reductions. Last time they did this, they had the first VBO. I think the VBO will be offered again in 2026.
Jobs at Fidelity
I have applied over 90 roles at Fidelity, not a single call for interview and it comes back as they are moving forward with other candidates. If the company and specially hiring manager has someone in their circle or known group member to hire why... — read more
Office Capacity/Changes
We’re holding steady at every other week for connect weeks! Also, who else is incredibly thankful that Fido never required the ‘shot’ to keep employment?!? A true blessing!
Minimum effort policy
Fido has made it clear it will not go the extra mile for employees. Acting accordingly seems fair.
Special bonus criteria
What criteria was used to either give 3 weeks or 4 weeks special bonus?
CE & OSG into Fidelity Wealth?!?
So CE is merging along with OSG into Fidelity Wealth. What can a client facing rep in CE expect in Fidelity Wealth? I wonder if it will cause any RIFs? Any info appreciated.
"Special Holiday Bonus" - who got it?
I see an email for a special bonus of 3 to 4 weeks pay. Who got it? Did you get 3 or 4 weeks bonus pay?
People are running from Fido no matter the pay cut
Lately I keep seeing coworkers walk out for jobs that pay noticeably less (I guess this job market only allows for that), and that says everything about where things stand. The nonstop tension around layoffs has pushed people to a point where any... — read more
No base raise for "Agile Roles" in ET?
Squad leader here in ET. Good shares (>1000), Bonus (~100%) but zero raise. I was told "Abby mandated no base raise for agile roles in ET" but I'm not buying it. Any squad leads, scrum masters and chapter leads in ET can attest to the contrary?... — read more
Future of wealth
The Wealth business unit is rapidly declining in appeal. What is Bob's strategy to address this? Given the circumstances, is his expertise more aligned with business leadership or technical operations?
Contest
Anyone ever contested a year end performance rating and succeeded or it’s impossible? Eg u get IP and u think it should be an sp or sp when it should be ep
What is new title mapping old to new ?
Lot of people were notified of their new titles this week . What are new titles ?