Will the Martha Vineyard’s elite really get away with this https://www.thinkadvisor.com/2024/07/08/fidelity-hits-back-at-fired-advisors-reg-bi-lawsuit/?amp=1

Some people are so miserable with their lives and their life choices that they like to share their misery with others. Instead of changing anything or the system that led to such misery, they'd rather drag other down with them. Just like cr--s in... — read more 

Anyone see the Fidelity Jobs Instagram page? It’s one silly video after another of people high fiving one another, getting coffee with their work besties, bringing their parents to work and other childish, kindergarten type nonsense. I worked at... — read more 

New in Fid. how is the year end bonuses? Anyone willing to share how much they got last year?

Does Fidelity give any kind of retirement package or is that only for VBO?

Just wondering if anyone else caught Bob's all-hands meeting earlier this week? Couldn't attend this meeting but there's not much chatter about it. There's a lot going on at the company right now with the changes and the upcoming return to office... — read more 

If you can’t find parking at the office, just go home. Clearly they have enough help and don’t need you there.

Dearest Gentle Reader, It has come to this author's attention that the once harmonious realm of our esteemed office has taken a rather gloomy turn. The air, which once buzzed with the industrious hum of diligent workers, now feels heavy with a... — read more 

I heard that camping in the office is the fastest way to get promoted to senior management. Any recommendations on where to take a shower?

I'm sure many of us are confused by the RTO given the personal and company benefits (increased productivity, reduced costs, better morale) of WFH. The reason we all have heard is real estate - commercial real estate needs to be propped up. But... — read more 

Lot of Sr. leaders meeting and major bold steps are planned. It is lot more than agile.

Handful of people told me that layoffs must be in the plans for FI. One group/segment is taking a week to setup new accounts and process TOA’s for their largest institution clients. How is that possible? Supposedly not hiring new permanent associates... — read more 

Is there any legal standing associates with remote offer letter can do to avoid connect weeks ? or as employment is "at will" for both company and associate, there is no option. Do these folks get "new offer letters" ?

https://www.thinkadvisor.com/2024/05/28/fidelity-seeks-more-time-to-answer-whistleblower-suit/ Does anyone think that by requesting more time, this lawsuit may not be as easy to have dismissed as Fidelity had initially thought?

https://finance.yahoo.com/news/nearly-half-dell-full-time-215348261.html We are not alone! Unite!!

My colleague was recently informed that her Remote work exception is rejected. She was hired an year ago as fully remote employee. She has to be in office for 2 connect weeks/month starting Sept. If not, she can take severance package and leave... — read more 

Has anyone else heard about this?

Is the migration to the cloud still behind schedule? Are they still cutting corners and telling 1/2 truths about migration? Migration of a specific project is not complete until previous tech is retired and ALL pieces now run in the Cloud. Biggest... — read more 

what is the logic? Is it just another way to silently lay off? what about talent loss? I have 3 amazing folks on my team who were hired during pandemic and are fully remote. I have to acknowledge these folks are way better in their skills... — read more 

https://www.businessinsider.com/wells-fargo-fired-workers-simulating-keyboard-activity-faking-work-2024-6?amp

https://ktla.com/news/cvs-product-recalls-tied-to-factories-with-barefoot-workers-bacteria-bloomberg/

Whether you enjoy wfh or not, you should agree with your fellow workers that it is pretty messed up to just spring an additional week/ two weeks in the office on us. Neither Abby nor your managers care about, but that doesn’t mean peoples lives... — read more 

There are couple I know of that their remote work exceptions are not approved anymore so they need to make a choice between rto, starting in Sep and leaving the corp. Even some of them have a remote work clause in their job offer letter, it happened... — read more 

I decided to pull the plug. Even if the future was rosy and the workplace situation was ideal. I just can’t do this anymore. I’m completely burnt out. Looking back, I have a feeling now that one year of working here was like three years elsewhere in... — read more 

Glad I left before this hit the fan, Ned would be rolling in his grave, this is going to bring a storm of departures and layoffs. There wasn’t an executive who wasn’t into pushing tier 3 managed accounts, guilt AF, subpoena them all... — read more 

The vibe of my leadership has shifted significantly after layoffs. It's almost feels like they are demoralized.

Heard this angle from three leaders in upper management of three different BUs. Since the cost of living, inflation is hurting people more than executives projected a while back, they don’t expect the same amount of attrition when we have to return... — read more 

https://roggedunngroup.com/fidelity-fired-him-for-reporting-securities-violations.html For those former Fidelity Advisors who are interested in this. Law firm is Rogge Dunn Group in Dallas, Texas. Case number is: 3:24-cv-01078 Email address contact... — read more 

Is the survey anonymous? This survey is replacing the old Humu survey. Will Feb manager be able to find out who gave what ratings and feedbacks?

Have you seen a lot of people in your groups/orgs taking leaves due to mental health/stress issues? I’ve seen an increase in my group and now one person (in management) announced their leaving and two others are quitting. Along with mult people... — read more 

Fidelity isn’t just laying off people it finds ways to dirty dog them and fire them or they’ll find ways to fire them that are not true just so they can let them go and pay lower wage. They are the worst company to work for. I don’t know how anybody... — read more 

Now David Coyne is retiring. Good run David! Wonder if he ends up at Empower also.

Looks like we had some terminations today for non-compliance with RTO requirements.

So my manager is checked out and I end up picking up a lot of the work. We’re in a toxic situation where he both needs me but also bad mouths me in performance reviews subtly, claiming that he’s super involved and I need to be more independent... — read more 

https://www.advisorhub.com/fidelity-pressured-brokers-to-sell-customers-on-costlier-investments-ex-advisor-claims/ I wonder if this will go anywhere?

Has more employees than many revenue generating BU's and has half a dozen VPs. I don't think they were affected in the most recent round of layoffs. THAT IS NUTS.

The other apps have rumors more layoffs coming and the other rumor is VBO. Anyone have info?