Too many folks about recent off-site. Is it true people are asked to relocate to Boston or quit? I am in wealth KY and worried
Lady breaking down
Saw a lady brokedown in SLC cafeteria. Overheard conversations that Brokerage is asking her to relocate to Boston or her time in the organization will be terminated. Can someone confirm wtf is going on?
Relocate or quit
No more permanent WFH exceptions. Doesn't matter what your contract said when you were hired or when you got WFH exception. Everyone is being asked to "assemble" to a location so they can "mass fire" it seems. SLC, KY folks are asked if they can... — read more
New Fortune Most Powerful Women List
Be proud that you have elevated the leader to #9 on the list! Thank you for your hard work and dedication!
Has anyone ever come back from a PIP?
I'm not on one, but a coworker was put on a PIP and decided to quit without even trying to fight it. I personally don’t think it was deserved and he shouldn’t have just walked away, but that’s neither here nor there. I’m just curious, if you’re put... — read more
Reorganizations and broken technology
Joined not long ago. Already on manager number five. That’s roughly one every couple quarters. We talk a lot about progress, but it feels more like constant reshuffling than real momentum. The technology’s still unreliable, and most of these acronyms... — read more
Brokerage cuts
NC, Boston brokerage / wealth workforce to receive significant cuts. Level 5,6,7 and few 8s confirmed to be impacted.
Cuts in Wealth transaction
Additional cuts to come in wealth transaction. Roles made redundant, moved to Boston.
Cuts in Wealth
Track IT data, attendance, location all considered. Can confirm other layoff posts around fall. Got to know this from a reliable "source"
Layoff
I’ve heard that many GCLs, Architects, and L-8 SLs are on the chopping block. Most L-8 SLs essentially function as glorified Scrum Masters, while Architects are organizing meetings that no one attends. In today’s cloud- and AI-driven landscape, it’s... — read more
Grow brokerage
Does anyone know if the “Grow Brokerage” training and skill set is supposed to come with a raise? It seems like a lot to have everyone in service learn and not give a substantial raise for.
Karma is a B
Two years, 4 managers, countless flash calls every other week. Unlimited doze of stress, anxiety, uncertainty and still not over. I really wish the higher management gets to meet their karma. You've made Wealth / Brokerage complete joke for... — read more
More layoffs
More rumored layoffs. So business as usual?
Fall cuts confirmed
With latest reorg (once again) which has been going over for past two years, expect brokerage and wealth to have cuts across multiple streams in Fall. The data from track it, will be used to measure those who make the chopping board (still unsure... — read more
Pros/cons of being a scrum master @ Fidelity
Currently a software engineer exterior to Fidelity. Previously worked at Fidelity as a software engineer. If I remember from working at Fidelity a few years back (before COVID), Fidelity was really pushing for the agile wave. I’m trying to measure my... — read more
No alternatives
I've been trying to leave for over six months and I've had zero luck so far. A few responses, fewer interviews, and just two offers so far, both trying to lowball me to an insulting level. I don't know who can be brave enough to decide to leave when... — read more
Two Truths & The End Approaching
VBO communications will be going out in July. It’s said to be a lucrative offer. Potentially giving the option to take it Dec 2025 or Dec 2026. Then late July/early Aug will come the declaration that we will be moving away from WFH in Sept, as much... — read more
Diversity Report
I’m very concerned that the Diversity Reports have been taken down. Should I be worried.?
New Area
My previous work was in an area where everything was onshore in the USA. Now, I am in an area where everything is overseas. Wow. What a difference. Project management and most VP slots are WW. They throw everything over the wall to offshore. ... — read more
Roger
I am quite new to Fid Can someone tell why Roger is not liked?
Reorg
Will there be layoffs this time?
Good bye Roger - And it all begins again
After 2 years of BME cr-p, flash calls after flash calls Wealth is about to go through all over again. Really can’t catch a break with so many changes.
Brokerage - What a sh*t show
Sick of so many flash calls every other week. Really starting to affect productivity now with so much anxiety, uncertainty. Can't they just freaking do that they want to already, why keep your teammates under dark???
Manager survey - Follow up
How does one respond? My manager had no clue what I did with the other team I was loaned out to. Pretty much entire leadership team in my group were gone due to org restructuring. I personally felt I exceeded all the expectations however I got SP... — read more
Police at howe
Who has updates?
Manager survey
My boss is a credit taking, politics playing and trade ignorant dead weight, yet I picked highest ratings on all of the questions. Why? She has only two reports and the other one is a brownnoser. If Fidelity want true opinions, do more about the... — read more
Filed an HR complaint got hit with corrective action
I know I’m a dummy.
Boomer Karens and Chad
They hold so many critical level 5 and even level 6/7 positions in some cases. But they don't know basic difference between an apple vs windows machine. Yet their only real "talent" seems to be belittling their own teammates, picking on them (due... — read more
How good is HR @ Fidelity?
We all hear about tech not being that good and complaints about inadequate phone people. But what about HR? How good is that department? They have to deal with the pushback of people doing connect week after all. And even though everyone knows... — read more
Organized Labor at Fidelity?
What are you hearing?
Emerson replacement to cut fat
Level 8/9 who made lots of money already know this. Your manager knows it too, that's why they're not micro managing you coz soon you'll not be their problem. Your quarterly check in feels like nothing but a BS session where instead of judging for... — read more
What do VRBO packages typically look like
I see quite a few posts about people discussing voluntary retirement buyout packages, I realize senior management's package would look a lot different than say a level 4. Just curious of those that have experienced or have seen the package what it... — read more
Imagine yourself as super workaholic that 'made it' to upper management.
Let's face it, these people in upper management have made lots of money for many years. Either they are really d-mb as bricks at saving/investing or just love their jobs more than their freedom for some odd reason. 100 years from now even their... — read more
Cliques in workplace
How does one handle cliques within team. It’s very subtle but constitutes to exclusion and a feeling of isolation . Due to Cliques / best friends within a sub set of people favoritism is also rampant and work opportunities missed. Did anyone have... — read more
So many architects
Why are these roles necessary? Do they add any real value to the organization? Architects feel like relics from the outdated waterfall era
Fall will see falling of roles
Heavy AI focus, there will be no more SL and similar other roles (IYKYK). All product areas to be aligned to ONE location, no more distributed teams. You'll be eliminated if your location isn't same as your direct manager or chapter lead. If... — read more
Realistically how long will it take to correct management
From what it seems like on here, good managers are few and far between the firm. Managers struggle with diverse teams and are in way over their heads. This then causes extra stress to the point where low level employees are worried about politics... — read more