Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Pit of Misery

Earlier this year I had an interview for a role and had to go through a number of rounds of interviews meeting the team. Never have I met a more miserable and soulless group of people. I could tell by their questions and engagement that they didn’t... — read more 

Is Fidelity cycling employees?

I see many open positions. My company employees a larger number of employees and yet I do not see that many open positions. I know that Capital One cycles employees, the turnaround time is 1-2 years. I came across a technology position that I applied... — read more 

Moving Connect Week?

Has anyone had luck with moving the dates of their Connect Week? Can we request a different week?

Imagine

Imagine being so miserable that you want to force others to be in the office with you? How pathetic are you?

Abby’s heir

Who is Abby planning on taking over when she retires? Are they wfh friendly?

by
| 2150 views | | 8 replies (last September 10, 2024)
Post ID: @OP+1tBdMAVv

Pulse Survey

Be very careful, they are not looking for feedback on dynamic working. They can track each survey under department and manager. Another layoff is planned and the priority is returning to work, not work from home. The bad apples will be marked. You... — read more 

wondering

is it abby or the grim reaper that's forcing these negative quality of life changes

Exceptions

Did i hear right that majority of people who got exceptions last year were denied this year? What were the reasons given? Reason given last year is no longer valid?

Pulse survey

Pulse survey is live guys, let’s light em up. 10 bucks say they censor actual feedback or don’t even acknowledge dynamic working or the layoffs.

Goldman Sachs

Hmm. Is Fidelity doing as well and will it share the wealth? https://www.theguardian.com/business/article/2024/jul/15/goldman-sachs-raises-banker-pay-bonuses-quarterly-profit-surge

Phishing emails

Is anyone getting an absurd amount of “phishing” emails recently? It doesn’t pop as a simulation when I report it. My theory is that fidelity is trying to get people to click on these to have a reason for firing for security breaches.

Incompetence is so draining

Any tips on how to handle the incompetence of colleagues? Meeting after meeting. Clearly outlined emails with the request. And yet still they manage to deliver the complete opposite of what was requested. How can I better detach myself from the... — read more 

Secret Retirement Package?

I learned of a guy with at least 25 years retiring a couple weeks ago. Perplexed me that he didn’t wait to see if there might be a VBO next year. Wondering if there’s some kind of retirement package that’s not publicized that the company makes... — read more 

Are we nervous

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

L

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 

Fidelity Instagram-Bait and Switch?

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 

Bonus

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

Brokerage All-Hands Meeting - Anyone Else Attend?

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 

Career Tip 1

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

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 

Best hack for mobility

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?

Real Reason for RTO

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 

FI Layoffs

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 

Legal standing of remote offer letter?

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" ?

Fidelity Lawsuit Continues...

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?

Dell Employees Refuse RTO

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

Remote Exception Rejection

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 

Migration to the Cloud

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 

Big Brother is Watching

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

It’s disgusting how much some of you lick the boot

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 

Any remote workers heard the news today?

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 

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