Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Agile changes

Can someone please explain the agile changes and job titles changes being introduced? I am based out of the US so didn’t get any email on it. Are they getting rid of scrum masters and SLs?


RIF 950

While we don't know exact count, rumour and water cooler chats are a buzz about ~1k cuts at each location / BU. Majority of these are are level 6,7,8, squad leads, scrum masters and few 4,5 to make it seem random "business strategy alignment" Sick... — read more 


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 


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 


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 


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 


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