Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Pulse survey: What's the point?

Anyone knows if pulse survey will be back this year? Last year responding to pulse survey negatively seems to have impacted my bonus heavily and received negligible raise. Yet, everything I vented about are still the same, in fact they have gotten... — read more 

Example of toxic behavior

My manager in Boston asked me to uproot my life and move to Westlake from Covington KY coz apparently the "leadership" wants the teams to be located there along with NC. Obviously I denied and now I am getting silent treatment, the teams channel is... — read more 

I feel like I'm bipolar

Some days I pray for layoffs. Other days I panic about surviving them. Either way, the stress is the real paycheck.

How long before HR pips you

I have something I’m considering reporting to HR, but from this site it looks like that could backfire. Anyone have experience with how long it will take to have corrective action after reporting something? I’m trying to decide if it’s worth... — read more 

Reorg Reorg

Who is in B Mas’ org and went through all this? What are your thoughts on this new product and delivery model? Morale seems to be very low….

Sick of colocation

Bob is in Vegas His head of wealth is in Albany They both can get to do whatever they want from their locations But my manager from Boston, says I can't do my job from Covington office even if I am attending all my connect weeks and more. What a... — read more 

by
| 2280 views | | 7 replies (last June 23, 2025)
Post ID: @OP+1jxfpygn9

Mentorship experience in fidelity India

I recently came across a discussion about Fidelity’s mentorship program in India, and it reminded me of my own experience—one that was far from empowering. A couple of years ago, after being promoted from G4 to G5, I was assigned a Grade-8 leader... — read more 

Toxic culture

Has anyone here ever raised concerns with HR about toxic culture, favoritism, or social gatekeeping ? How did HR respond, and was it effective? Would appreciate hearing others’ experiences.

Badge in to badge out duration?

Has anyone else been hearing about penalties for badge in badge out duration from their boss? I've been hearing along the grapevine that people who aren't in the office at least 5 hours a day are getting in trouble for leaving too early.

Level 8 and 9 managers

My question is how do such nitwits reach level 8 and 9 to become GCL, leads, etc. They have 0 managerial or people skills, half of them can't even pronounce "environment" correctly. They have 0 planning skills and rely on last minute update to put... — read more 

The only reason I'm still at Fidelity is fear

I don't like my job, I don't like my manager, I don't even like my coworkers. I'm just too scared to leave knowing the job market is what it is. The sad fact is, I know several more people who are in the same boat as I am. What does it say about this... — read more 

Standards of Care

What a crock! The only standard is what’s in it for me.

by
| 1250 views | | 4 replies (last June 17, 2025)
Post ID: @OP+1jwww6b2v

Quarterly broadcast

Is it just me or does anyone else feel our senior leadership is exceptionally bad at public speaking? I thought Harvard business school was supposed to prepare you for things like this. Guess not. So many stutters, “ums”, “ya-know?”, and overall... — read more 

Westlake wealth show

Can someone confirm what brokerage and wealth are discussing this week in Westlake? My GCL asked obviously being the pain, asked us to be in the office, a day after I was asked if I can relocate to Boston from Westlake 😡😡 Can someone confirm what's... — read more 

I say this with utmost certainty

It seems like Fidelity is getting hit with more and more fraudulent activity. It seems like Fidelity is offshoring more and more work. Those two are linked. I won't go into the details, but the solution involves putting the fox in the h-nhouse. — read more 

What’s it like to be L8 or above?

Only looking for L8 or above to answer. I understand many people want to complain at L8 (it’s Fidelity, you can’t blame them). I just wanted to get a viewpoint of the life of an L8 at Fidelity. I wonder what other privileges you guys have (if you... — read more 

L8 Managers and their contribution .

What tangible value do these individuals actually bring? Most L8+ managers seem to contribute little beyond joining calls, repeating other's points, or derailing discussions with irrelevant input. It’s hard to find one with even baseline... — read more 

My honest assessment of Fidelity

• Fidelity's CEO does not lack integrity but is not a vissionary which is a problem since this moment requires a visionary • Fidelity is held back by a middle layer of NPC-character-like middle management who contribute nothing but drain the soul... — read more 

June, Friday the 13th horror?

Rumor has it next cuts would be announced around mid June? Brokerage, Wealth, WI on chopping block after enterprise got hit earlier this year? Can someone confirm?

End of restructuring or beginning of another phase?

Westlake will be swamped with mo--ns from wealth and brokerage to decide future of so many level 4,5,6,7 individual contributors next week. With so many recent posts about individuals asked to uproot their lives so they can have a job, I hope the... — read more 

Too many managers

We’re too top heavy with low class managers. I don’t me poor, I mean the managers in my BU - they’re bad people. My skin feel like it’s crawling when I see my managers name pop up anywhere.

Colocation, high hiring #s and layoff

Amidst all the reorganization cr-p which has been going on for 3 years now, fidelity headcount has grown by ~5k. With Boston seaport unable to accomplish current headcount and NC already at its peak, there is no way Fidelity can handle everyone back... — read more 

Pulse survey - Not anonymous

Rumor has it the supposed pulse survey for the summer won't be anonymous, similar to manager survey. What's the point of that, it seems to be a show trial just to appease new leaders in Wealth / Brokerage of how great previous leaders are doing the... — read more 

Wealth leadership flash call

My GCL in wealth abruptly left my supposed 1-1 this morning to attend a "flash call leadership meeting". The chatter I heard is another RIF coming with impacted list under each leader was announced. Can someone in another region confirm?

India specific initiatives & TackIT

My CL is encouraging me to support India-focused initiatives, which means attending numerous meetings and preparing presentations. I end up doing most of my core work only in the leftover time. I’m told this involvement is crucial for promotion and... — read more 

RTO, relocation mandate

Attrition tactic posts are spot on. Fido should be in news of how they're making lives miserable for their associates for a good part of past 3 years. 2 years at this firm, I've had already had 4 different managers, 3 work locations, 4 teams. .. — read more 

Clean up the parasites

Eliminate all Grade-8 GCL, Architect/Head titles and roles Reassign SLs to Grade 6-7 positions Redirect resources to actual value creators The truth no one wants to admit: Removing these Grade 8/9 layers would have zero operational impact ... — read more 

Fidelity wants to do worse

Abby will not layoff dead weight. We’re top heavy with too many managers who are all on a power trip. I used to be a professional who wanted to climb the

Fidelity Backward

Out of the recent topics here emerges two patterns and one fact about Fidelity upper management: Since they do not know how to manage geo-distributed teams, they want to 'co-locate' teams. Since they do not know how to manage the **scale... — read more 

Westlake focus due to recent offsite?

Wtf is wealth / brokerage fixated on having westlake as center???? CWP organization is becoming a joke day by day. I wish they brought back the pulse survey. Fido chapter leads in wealth are bunch of clowns.

Off site Bombshell - Relocate or quit

Roger has been pushing for colocation ever since he was appointed as Head of Fid wealth With Bob / Chris Melia taking over, hope the push isn't continued further. Too much discussion around individuals asked to relocate or quit as a result of the... — read more 

Start a new thread - post a news comment, question or message:

: