Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Do we need ops?

Serious question. This seems like the most automatable business unit and I don't really see the need for anything other than 20 or so reps that would manage the inbound BUs

The Ungrateful

I heard about this site. Thought I'd give it a look-see. Talk about the most ungrateful people. Many of you, and you know who you are, don't deserve a great company like Fidelity. Many of you, and you know who you are, have no idea what a bad job... — read more 

There needed to be layoffs

The company is floundering and toxic. Layoffs are the only way Abby and her minions can gain control again. The company would fail any audit for all the mistakes they made with over hiring and nonexistent quality control. Please send auditors to... — read more 

Layoffs PAS

I heard a rumor of mass layoffs in PAS in Merrimack. Can anyone confirm?

Disciplinary action for not coming to office?

Fidelity alumni here, wanted to go back but looking at the dynamic work "model" out of everything, maybe not so much. I've heard different situations of multiple people not coming into an office. Some people left altogether - unsure if they quit or... — read more 

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| 3140 views | | 9 replies (last April 11, 2025)
Post ID: @OP+1jqt1fq1y

Sick professionalism at Fidelity

Work at Fidelity in Due Diligence for the longest time ever. They had a previous Senior Manager who hired her friends and babysitters and converted all her people including the lazy ones into permanent while she got rid off the smart and people who... — read more 

Clean Howe

Howe is disgusting. People are coughing and sneezing all the time in the building and more than normal seasonal allergies. The air quality is low and the restrooms stink over a long period of time. The restrooms are regularly out of order. Is the... — read more 

FI Layoffs?

Anyone hear rumors of layoffs coming for FI? I know teams are beyond skeleton crews, multiple groups helping with processing volumes, grade 6 and 5s tasked with mandatory extra hours to do other role’s responsibilities. Maybe it could happen but... — read more 

Make fidelity great (white) again

Too many temp workers (contractors) being asked to carry load of "entitled" individuals who don't have any idea whatsoever of how things function. Boy oh boy, I'll be watching carefully when they realize what they have done...

Wealth is next

After CTG, the priority shifts to wealth, likely leading to layoffs. Roger is having a party.Expecting cuts around L8s

Ineffective Leaders and Misguided Architects

I’ve been an SL at this company for 13 years, and I’ve never seen so many managers—especially L8 employees—who seem unsure about their roles. There are numerous L8 GCLs, CLs, SLs, and Architects who don’t appear to know what they’re doing... — read more 

April end bombshell

If you're JL 4/5 and your manager has more than 12-13 reports, your manager knows they are on path to have additional team members get RIF'ed. Anyone who says otherwise is obviously lying. Expect the decision to be communicated soon.

Bust your back or be entitled

What a strange culture shift we have going on. Temp guys (we all know who they are) are being made to / feared into busting their backs or risk being laid off.... While the obvious entitled ones (you know who you are), who are clearly not up to the... — read more 

This is not what I signed up for

I took a job here thinking it’d be one thing, but turns out it’s a whole different story. The vibe, the workload, the actual work - none of it matches what was promised. I hate how tough it's to know what you’re walking into before you end up stuck... — read more 

Up and down votes = 0

Amazing how many posts have the same number up and down votes to equal zero…. Hmmmm. Something fishy in the hen house going on. Everyone sees right thru what HR is doing. SMH.

Fidelity drones to hoover over WFA workers homes

Secret project has been funded to ensure WFA workers are not going away from their workstations. Drones are to hoover over randomly choosen roofs to check if workers stay at home or maybe are going on a trips... Those who get spotted will be asked... — read more 

Recipe for Fidelity Pizza?

I left Fidelity a long time ago, and just thought about the pizza again. I just wanted to know if the recipe for the FLIK pizza was accessible anywhere outside of Fidelity. Thanks.

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| 1380 views | | 7 replies (last March 26, 2025)
Post ID: @OP+1jpwkffzd

This company is anything but healthy

If it were, profits would come from growth, not gutting the workforce. But leadership keeps taking the easy way out, cutting deeper every time. Eventually, there won’t be anyone left to cut. Then what? Do they even have a plan, or are they just... — read more 

Every day it’s something new

It really shocks me that there are so many widespread problems because people can’t work together. I wish someone would come audit the firm. I don’t think the firm would be able to cover the fees. The Covid hires, management, tech, and processors... — read more 

Travel for Grade 6&5 in India

As a Grade 6 individual contributor, I rarely have the opportunity to travel to the US and meet my team. Most travel seems reserved for GCLs and CLs, and I’m unsure how the organization truly benefits from offsites or leadership events that primarily... — read more 

VBO HealthCare

In the VBO package what is the continuation of health care coverage? until medicare coverage availability age 65?

People don’t leave jobs, they leave managers

Never really understood this until the last string of managers I’ve had. The company is not doing well and it’s obvious when there are so many people in the wrong roles and there’s no way to roll people into a new role because they’re so bad at their... — read more 

Branch Employees

Anyone notice how rude and incompetent branch employees are? They call specialty trading for any request. It could be ordering tax forms or transferring money to a bank.

Is there really a way to stalk (oh sorry, track) us

I haven’t heard of an actual way to track if someone is or isn’t onsite. Many sites have doors that don’t require you to badge out. So it seems like the only legit tracking is if someone doesn’t come in at all, which really again… if you can leave... — read more 

No More 60% Requirement??

Anyone else hear that the Connect Week in office goal of 60% of weeks being full weeks being dropped? Seems vague and maybe put in place so HR can impose any penalty once they find “trends” - regardless of why you weren’t on site and whether or not... — read more 

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| 2050 views | | 4 replies (last March 16, 2025)
Post ID: @OP+1jpe8came

A pig in makeup is still a pig in makeup

Why are the managers trying to rebrand themselves as “leaders”. That’s only true about a small % of the managers here. It annoys me so much when my boss tried to use that internal marketing bs. I have a business degree, they were hired off the... — read more 

Please move tech back to india

When Techline was based in India, it was wonderful. I LOVED knowing the second I had a tech problem, I would be off the phones a minimum of 1 hour. Since IT moved to Texas, it’s much faster of a response time so I get back to work faster. No... — read more 

Connect weeks

It’s great to go in every other week. Unless those weeks are the week after and the week before your period. All the women on my team are synced up and all probably look bipolar. I hate it. Such great planning.

Bill's Banglorham visit

The great state of NC was honored to receive a visit from the supreme leader. Other than Bill and his HR sidekick, what are the two white folks doing in Banglorham? https://www.linkedin.com/feed/update/urn:li:activity:7306375829649829889/

Work Smarter ANd Not Harder

I'm tired of young people getting put down. I'm an older worker. Here's my advice. Work smarter - Not Harder. I have not always been careful with my money and didn't invest much. I just bought nice cars, clothes, traveled, and never kicked a... — read more 

Prospectus Anyone

On Fido's website, I'm researching some mutual funds, started with Fido Funds and every time I click Prospectus for a fund I get "HTTP Status 400 – Bad Request" all of the other links work = "Monthly Fact Sheet (PDF), Compare, Watch List, Set Alert"... — read more 

VBO - Leadership calls this week

@a6+1jp2j118m - can you confirm the leadership calls happened? Any update on timing? General consensus is no VBO for 2025. Anyone else in the know that can shed some light? At this point. I just want a confirmed answer. Wishful thinking, I know — read more 

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