Probably not a good idea, but it’d be noticed
Interesting Read that Applies to Fidelity
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
Forcing People Out
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
Level 8’s working on next plandemic to avoid having to RTO
The next plandemic will require masks over eyes so you can’t see how inept the level 8 - 10 actually are!
How many connect weeks until layoffs?
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
Glassdoor
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
Clean up L8 and the Middle Management
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
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
SMT 900 Garage Nightmare
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
Durham Parking
No place to park in Durham. Parking in the grass. They haven't a clue how to manage RTO.
401k
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?
How can we get ignites writer?
We need publicity stat on the NIGHTMARE that is this RTO.
Anyone else also hearing rumors about layoffs?
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
Fall Layoffs/Toxic Environment
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
Where are you applying?
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
Fidelity went from.....
Organized chaos to unorganized chaos... Now I'm being "asked" to work this weekend after I worked a 70 hour week :-( Fun times...
Pulse Survey Results
What are the thoughts on the results... Think they'll try to put lipstick on a pig or call them for what they are...
Dynamic working - be very careful
As a manager, i can sense that RTO is being used as a financial strategy to stiff employees on year end bonuses and raises. There is no winning this fight if you care about having a decent bonus payout or getting a raise. They will do everything they... — read more
CBPT (formerly FBT) leadership
Before I write more I would like to get some opinions on what others think of the CBPT leadership team
RTO is just another attrition strategy
What will you do? Relocate or quit? For me, personally, relocating and respecting RTO rules is prohibitively costly, both in financial terms and with respect to time loss. When I put everything together, it just doesn’t make any sense for me. I will... — read more
Am I imagining things or does it seem like BAs do a lot of the work here?
It seems it’s much harder to glide on by as an incompetent BA compared to other roles
RTO, snackgate, and now tshirts!
It's interesting that as every other week RTO rolls out they also decide to reduce snacks and start letting groups know tshirts and sweatshirts are no longer allowed in office or zoom. And, yes, while the latter two are very first world problems, it... — read more
Relocate or Quit!
Relocate or Quit: Fidelity Gives Some Employees Ultimatum "The firm in September will start requiring employees to work two weeks per month in the office. Employees must comply or "voluntarily resign," Fidelity employees told Ignites." (Taken from... — read more
Agile Why?
Can someone explain why the whole company is still doing this "Agile" thing? I get that it has its place, but Agile everything?!?!?! CrAzY
Scrum Masters
Can someone explain to me how the scrum master role is an 8 hour a day gig???
If you work in technology, add your salaries to Levels.fyi
It takes a minute and you don't need to sign up. We need more data points here. It's useful information to help negotiate if you apply to new roles within the company. https://www.levels.fyi/companies/fidelity-investments/salaries
Full RTO
Do you guys think we will go to full time in office at some point? Might start thinking of getting a place closer to the office.
Being laid off should be considered a blessing
Being affected means that you are being paid to leave the toxic culture, awful corporate politics, constant reorganizations, general disorganization, and management that only knows how to bully its employees. Can somebody please explain to me how is... — read more
What's the point of packages?
Instead of severance, just fire the no-showers and drive up the phony share price.
Layoffs Today
Anyone know how many and what areas were impacted?
Pulse Survey
How long does it take all the empty suits to release survey results? Were the scores really that bad?
Non connect week requirements
It seems like a lot of groups are constantly forcing/strongly encouraging people to come in during non connect weeks for meetings, off sites, town halls, aligning with a business partner who has a different connect week, etc., but then they regularly... — read more
LOA, Medication, Alcohol
Out of nowhere another teammate is going out on an LOA due to anxiety and stress. I was in the office last week and people opened up about the damage being done due to the pressure and toxic work environment. Soooo many people coping with anti... — read more
If you are mandating RTO pay your employees more
Former employee here who just recently jumped ship due to the shaky RTO mandates. It’s totally unprofessional to keep people in the dark until you as a company finally work out what you want to do. Believe it or not, people aren’t just a number on a... — read more
Connect week hours
How many hours do we have to be physically in the office each day during connect week?
Any updates on layoffs?
There's been rumors circulating for a while now about coming layoffs, supposedly happening in Sept at the latest. Any news?
I'll happily leave with severance
What does it say about Fidelity if I'm excited when I hear there will be more layoffs instead of being petrified that I might lose my job? Nothing good, that's for sure. I know I'm not the only one who feels this way. Things are so bad that layoffs... — read more
Please let there be a buy out next year
Yes, this has been posted before. Any additional news? Thank you.
Anyone have insights to Fidelity’s plan for A.I — and what that means for our jobs?
A.I is now able to write reasonable code, copy, and generate imagery. Its output isn’t at the level of talented humans, but it does this work in mere seconds and the work is already at the level of your standard white collar worker. I’m hearing from... — read more
More Layoffs
Two grade 7s in different BUs confirmed they’ve heard more chatter about new upcoming layoffs. Maybe due to the market drop or not as many people expected to quit in Sept/Oct due to strict new return to office rules? Anyone hear anything?