Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Stop the su----e posts.

Over the past 2 weeks, I’ve seen 2 posts from users claiming they’re Fidelity employees who also claimed they wanted to commit su----e. One reason for being soon to leave Fidelity. Another for believing they are unfairly compensated. I know Fidelity... — read more 

UFest India

My experience at the Fidelity India UFest was a complete letdown. The event was chaotic and demeaning, making attendees feel like a herd of animals. The leadership session only made things worse, revealing a clear disconnect and a lack of operational... — read more 


On Teams

I know it's way above my pay grade but this treatise on teams provides the bottom up view of how Fidelity Teams can be organized. In an ironic power/knowledge asymmetry, I, a low low developer on the front line who has no voice, posses the knowledge... — read more 


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 


RIF Incoming

Talked to two Grade 8’s - both in FI, who are extremely confident that there will be some sort of RIF this month, maybe 11/18. Sounds like a sizable cut. Another person I used to work with in PI Phones, high up, confirmed. Anyone else hearing... — 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 


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