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
Any layoffs in...
Macrodata Refinement area? I'm worried about my innie 😀
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.
Is there anyone left at this place who actually knows anything?
Long story short, recently terminated and going through the administrative issues related to benefits and literally 4 phone transfers at the so called Benefits Center without any resolution. brain drain is way too obvious And by the way have been... — read more
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
Any layoffs coming or happening
Just want to know if anything in the works. I haven't seen any new bosses super excited. They rather look very nervous.
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.
Does Anyone Really Believe That
Diversity is our strength? No one is playing that game any more. It's over.
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.
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
If you're planning to leave, do your research first
Big corps don’t care about employees. Layoffs = stock bumps. Do your research before jumping ship as plenty of places are just as bad, just better at hiding it.
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
The whole relocation push is just an attrition tactic
Who in their right mind would relocate for work these days? First of all, relocation is extremely expensive. We all know rent and the cost of services have skyrocketed. Pay hasn’t kept up - uprooting your entire family just isn’t worth it... — 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 tech leadership crisis - A leaders perspective
Let's cut the corporate euphemisms: there's a festering discontent with middle and upper-level leadership in tech, and for good reason. These roles are increasingly viewed as what they often are: parasitic leeches, draining value and lifeblood from... — read more
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.
Feedback on Leadership and Promotions at Fidelity India
Having been with the organization for nearly 12 years and awaiting a G7 promotion, I’ve observed significant concerns regarding leadership within Fidelity India. Unfortunately, many leaders lack vision, technical expertise, and the ability to drive... — read more
Anyone ask for a buyout lately?
For those with a decent tenure and age is there an option to request a buyout? If so any details on what to shoot for?
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