Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Pay raise

If they pull the same bs “we can’t afford to give raises this year” but will NOT do a layoff, people might revolt. Fidelity openly says they have to make decisions based on the fact they know most people will just accept poor treatment because they... — read more 


In past Octobers?

In the past when there were layoffs in October, layoffs would happen the first Tuesday of the month. In that scenario what was the end date? was it month end (10/30) or was it 12/31? or did it depend on whether they needed you to finish up the year... — read more 


Pay grade confirmation

Hi all, there seems to be some misunderstanding with what grade vs L1 etc means. Pay grade starts from one and goes higher. Like phone reps are hired at grade 2 then you can climb the corporate ladder to get to maybe 7. L1 etc is how many levels... — read more 


The Talent Fidelity Buried Became Someone Else’s Competitive Advantage

Fidelity may have shunned you. You were perceived as a threat to your boss or peers. You were seen as the competition by your boss. You were intentionally siloed to compensate for your boss’s incompetence and inexperience. You may have been treated... — read more 


Demotions

Any truth to the rumors of people being told their position is being downgraded to a lower grade level, and they can either accept it or leave? Are they offering a separation package for those who do not accept this? Wondering if this is true and... — read more 


So tired of freeloaders...

I am not sure what this generation expected raising a family would be like or holding a full time job requires. Men went to war and women went to the factories in the second world war to make America trillions. How were their kids raised? I am... — read more 


Scuttlebutt

The water cooler talk was bubbling today! The newest tidbit - Abigail was surprised about the RTO pushback in the pulse survey. No word on where she's been over the last few years with survey results but apparently you all raised the roof and she is... — read more 


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