My team is completely mismatched. We severely lack a couple of very specific skill sets and nobody gives a damn. None of us can focus properly on our work because there are gaps to be filled none of us are skilled for. We lose inordinate amounts of... — read more 

I'll never understand why this place is always hiring and then turning around and laying off a bunch of people. From now on, if I see a company is hiring like crazy, I'm going to stay as far away from it as I can. Joining like that is as good as... — read more 

I have an offer from Fidelity and also one more company and I am just weighting in options and trying to understand what are all the overall benefits that Fidelity offers at the end of the year. My understanding are below - 401k match Profit... — read more 

After being part of the reduction in March, today I got my last paycheck from Fidelity. Since then I've landed a better role, higher comp, and don't have to work with narcissistic, ungrateful leaders. Thanks Fid for the salary, shares, and bonus... — read more 

I'm L7, have 4000, gotten 1200+ yearly

Interesting read about impacts of layoffs. https://hbr.org/2024/10/research-the-long-term-costs-of-layoffs

Someone, a top performer I know who was harassed called and eventually got laid off but not until they took her team away from her. Someone else I know reported an executive about his social media posts and community issues that ended up in the... — read more 

Any insight into this group or leadership in this group? Looking at some opportunities and wanted feedback.

I have noticed that they are suddenly using all their PTO and taking days off spontaneously. They also seem very disinterested in our work. I have worked with my team for two years. This is very unusual of them. Anyone else noticing similar... — read more 

I thought we were done with it last week. Now I’m hearing more will be coming. Just rumors? I’m hoping it’s nothing.

Anyone hear of layoff zooms happening today? Two teammates told me HR scheduled sudden zoom meetings with them for later this morning. Located in SMT.

I absolutely hate going into the office. If senior management wants us to be in the office all the time they should have to sit with the weird people they hired during the pandemic. At this point I think the inclusivity brainwashing training we had... — read more 

The number of employees in Who’s Who hasn’t changed. Are we sure a bunch of people lost their jobs last week?

I heard there was a lot of tech hiring moving over to West Lake, but I also heard there’s a lot of tech roles opening up in Smithfield, too. However, when I look, I barely see any roles open in Smithfield. I do see a few… but there’s like 10 swe... — read more 

What is the future of bunch of H1B employees hired during covid for remote job? They have been enjoying life since then as they don’t have to work as much as they used to in other companies as a vendor or contractor.

I was fired by my manager after 8 years at Fidelity. The reason - we need younger talent and more space for client facing individuals. I now have to look for a job and a sponsor for my work permit. It is rumored that a new round of RIF is coming... — read more 

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