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?

When will managers decide who’s getting promoted? I think it’s called common judgement if I remember correctly

And are they told to always include negative info?

Anyone hearing about another round next week?

I see it now, as someone older than my 20s. Less and less people know what they’re doing here. Everyone is new. Constant movement. Fido doesn’t pay enough to keep people or attract good people to necessary jobs. People are overworked and under payed... — read more 

https://www.cnbc.com/amp/2017/10/13/fidelitys-gavin-baker-fired-over-s-xual-harassment-allegations.html This guy got canned during me too and the woman he was harassing he ended up marry and she got a promotion? Seriously what’s up with the... — read more 

Anyone feel disappointed with the advisory services town hall today? We deserve more pay and they just ask us to “trust them”? We don’t trust you at all when now our comp is pretty much shifting us towards FC comp metrics but without the FC pay. — read more 

Fidelity just announced that they’ve been awarded LinkedIn Top 20 Company to work for. How adorable! Must be all of those “zany” events they throw for employees. I’m sure all the Fidelity shills will celebrate and promote this on their LinkedIn... — read more 

What are your thoughts on forming a union to fight going back to the office and OT pay for those on phones?

PAS layoffs in MMK and JAX planned for early next week. What do we know?

Are contractors also required to come to office every month? I heard in some location like NH, it is not required. Any idea in TX, NC?

Just searched “scrum” on the job board. Says a lot that they fired dozens of folks in that job and then posted openings on April 1st. Probably more about getting rid of dead weight than only reducing head count in the role itself.

I see a lot of confusion going around. Those of us who were laid off were given a document to sign (non-disclosures, severance, etc.) Inside that document, there is a list of ages and positions of those affected. This, by law, has to be given due to... — read more 

What up with Albuquerque location. They closed half the center. They lease the building to themselves and could pack up the center anytime and leave .. and management is acting cagey. I'm telling you something is up.

I heard this Friday will be the last day. All the best for the folks who are signing off…!

No notice. 20 years down the drain for nothing. Cowards!

How many days does it take?

https://riabiz.com/a/2024/3/12/fidelity-lays-off-700-not-for-costs-or-bad-performance-but-to-shift-headcount-and-hire-more-client-facing-and-tech-staff-touching-off-panic-posting-on-job-board

Does anybody know what algorithm HR used to layoff the scrum masters? I feel that there are a lot of scrum masters who shouldn’t have been let go.

What's the package offered on getting layoff?

Wishing those laid off all the best. Hoping you all find opportunities that are less stressful and make you happy. For those that are still there, hoping morale gets better and that you eventually get good leadership. Enjoy every day of WFH, put you... — read more