Recently got a new boss. But this new boss is incompetent. Literally doesn't have the skills required for the role. The entire team is having to teach the new boss how to do basic things and effectively pick up the slack. Our jobs are harder now than... — read more 

Anyone know for sure when the deadline for relocate or quit is? I’ve seen it posted on this site the end of this month but also the end of the year.

I’m sure others have noticed how Fidelity periodically performs damage control on this site by having its social media PR team zero out negative posts with their fake votes. Sad, really sad that they have stooped so low.

I saw on Glassdoor a squad leader was asked to either relocate or resign- but would be offered severance. From those who remember the terms of the March RIF- what’s a typical severance package like? Does it vary by grade? Tenure?

No rumors about coming layoffs. General consensus is that we are safe for the next couple of months. I want it to be true, but I don’t buy it.

It’s SRO in RTP at the top and bottom of the hour, if you need to use the bathroom. The fire marshal can prevent us from parking on the grass due to fire hazard, but at least we can sh-t on the grass without worry of conflagration.

The month is almost over with no indication of layoffs. Managers are still acting normal so they probably haven’t heard any news of layoffs yet either. I think we made it this month and maybe even next month. Senior management always gives it away... — read more 

Lot of rumors floating around about a potential VBO. Anyone knowledgeable enough to speak on the subject!

The office is too loud. People talk to their colleagues all day long about non-business related topics. People be mindful of those who need to concentrate to get their work done.

There’s been a lot of talk about the need to save 100 million by the end of the year. It can’t come from anywhere else but cutting jobs. Anyone heard anything about layoffs? Here I am, ruining my Sunday. Listening to the news, other people losing... — read more 

If HR is really monitoring this site like others have posted (more likely the social media team.) Can we move all the people who don’t want to be in the office to a different floor or building? It’s so difficult to concentrate on work when people... — read more 

What’s new inET? Firing more people?

Data points around me: (1) Senior Software Engineer, transitioned into fully remote during COVID, forced to resign. (2) Squad leader, transitioned into fully remote during COVID, still remote (3) Architect, hired as fully remote, still... — read more 

Seems like there are less people in the building which tells me more employees are coffee badging.... will hours in the office eventually be tracked?

Interesting article. Best register to vote if you are capable. https://indiacurrents.com/how-will-project-2025-impact-indian-immigrants-in-a-trump-administration/

Long-time EE here. I remember when almost everything was onshore and data governance was extremely tight and well managed. Offshore changed all that. Now, so much is unreliable. Never thought I'd see Fidelity come to this. Offshore management... — read more 

How true is the rumours around Fidelity opening up / signing a new building lease for NC folks starting Jan? I guess they want to also lease the previous durham building, the one they were using prior to covid.

They fired the guy who posted the video of the the parking debacle in NC on Reddit Source: trust me

This company doesn’t need top talent. We’re a discount broker that makes decent decisions but always follows the puck instead of going to where the puck is going. Our value is our IT and scale for cheap efficient investing, qualified plans, etc. we... — read more 

Just my personal observation but all the 20 yr olds that I work have no issue with RTO.... A few even go into the office on non connect weeks. So i feel like they are getting a bad rap! And I never heard any of them complain about snack or coffee... — read more 

What’s up with the “broken” coffee machines in Covington. Is management also getting rid of free coffee? A supplier issue? What? Come on. They just seemed to give us all working computers onsite just in time for the campus to fall asleep.

This has happened so many times during market trading hours. Take a look at the subreddit and see how many times this has happened and how fed up clients are with Fidelity. How can a financial institution think that it is acceptable for that to keep... — read more 

They want people to quit (or not comply so they are fire-able) so they don't have to do a layoff and pay severance, all because they over-hired during the pandemic. This right here. This was not badly thought out or an accident. This was fully... — read more 

Probably not a good idea, but it’d be noticed

https://www.palladiummag.com/2024/08/30/when-the-mismanagerial-class-destroys-great-companies/ Really good read that I feel applies to fidelity and how current leadership is viewing the company… simply as a framework of generating profit versus... — read more 

I know Fidelity is trying to force people to quit so they don't have to pay severance but don't they realize some of the ramifications of this. For one they are going be losing the best performers rather that weeding out the lower performers. They... — read more 

The next plandemic will require masks over eyes so you can’t see how inept the level 8 - 10 actually are!

Really what is the plan here? Are we getting laid off or not? My manager has been spreading rumors of my whole renting being fired for years and I can’t take the stress anymore. I was here before the pandemic and NEED this job! I thought it was... — read more 

upset about RTO? be sure and leave a review on Glassdoor and Indeed, Fidelity cares a lot about how it looks to outsiders, time to bring them down a peg

Who is deleting post here? Want to share an early post on rumored L8 cleansing with an colleague but found it's gone. Looks like Fidelity HR is indeed monitoring posts here, I'll elaborate: Keep the frontline chapter and squad leaders for now... — read more 

Leadership is so out of touch with the needs of employees that it's frustrating. Leadership seems to only care about making themselves look good. Leadership is incompetent

This week took me 20 minutes just to get out of the 900 SMT garage. Such a sh*t show. Then 15 mins to make it to Rt 7. And that results in Rt 7 being a total standstill. All in all, an increase of about 45 mins to the commute verse previous Dynamic... — read more 

No place to park in Durham. Parking in the grass. They haven't a clue how to manage RTO.

When do new employees start to receive employer contributions? Is it as soon as the accumulate 1000 hours? Or in the year after they accumulate 1000 hours?

We need publicity stat on the NIGHTMARE that is this RTO.

Like in the case of the previous poster, they are going around my org as well. Is there any substance to all rumors? Nobody can say anything for sure, but the chatter definitely increased. And here I was hoping for some job security for next month or... — read more 

In all seriousness - my org has heard more rumors of layoffs recently. Anyone hear anything? Freaks me out, Father of three and not sure what I would do. I will concede that the culture is totally toxic in my group and everyone is miserable (grades... — read more 

What's the best alternative to Fidelity? I'm getting tired of all the toxicity and having to play office politics, but everywhere I look the situation doesn't look much better. I'd hate to leave one cr-ppy workplace just to end up in a similar... — read more 

Organized chaos to unorganized chaos... Now I'm being "asked" to work this weekend after I worked a 70 hour week :-( Fun times...