Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Good morning

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 

Salary Negotiation

Does Fidelity negotiate the initial salary offer when you are hired? Worth pushing back on?

Scam LinkedIn offers

I didn't realize LinkedIn had gone so downhill until I started getting so many scam offers. Please, everybody, be careful who you respond to. Research the recruiter before you do anything and be certain that the number you were sent really belongs to... — read more 

FinTech Jobs Available

https://www.amazon.jobs/en/teams/finance-technology https://www.amazon.jobs/en/teams/global-financial-operations https://builtin.com/jobs/fintech https://www.indeed.com/q-fintech-jobs.html Feel free to add more FinTech opportunities. — read more 

Fidelity lost all employee trust

With these latest layoffs and how they were handled, the trust is completely gone. I think we'll be seeing more people make the decision to leave because who wants to work at a place where the leadership has proven to be both untrustworthy and... — read more 

Future of the sm chapter

A lot of scrum masters(SMs) in WI were laid off. Does it mean that india and Ireland teams will have SMs and US will not? What’s the future of the SM’s chapter. Looks like its in jeopardy

Is it possible?

Are they prepping to go from private to public? Or a merger? Or a buyout?

I wish I was laid off

My workload is already increasing and I know this is just a start. I'm starting to wonder why I was ever worried about being laid off. It's not as if this job has any redeeming qualities left to miss if I'm gone.

Just go public

One of the top 3 items of importance to Fidelity is their public image. They have been known to settle issues out of court just to keep it out of the press (when possible). If you really want change, just blast social media with your common... — read more 

Why is LinkedIn Silent About Layoffs?

I've seen no mention of layoffs on LinkedIn. Nothing in two weeks. With the thousands let go, why is that? Has Fidelity threatened to pull people's compensation packages if they write about layoffs on social media? How sad.

Bloated middle upper management, Lack of diversity

360 reviews of managers by associates are not a thing here. Incompetent middle and higher management doing not much actual things but collecting info/orders from below/above and passing them up/down, which they call 'strategizing' : ) Severe lack of... — read more 

Psychological Safety Is Dead

If you’re not impacted by the layoffs, don’t speak up. Leadership doesn’t want to hear it. Just keep your opinions to yourself, support the goals and objectives, and quiet quit if you must. This isn’t a safe space.

Stressed And Sick

I randomly heard from three different sources today - VP and above from two different BUs that there will be more layoffs in April. I am so stressed out. Been with the company more than 17 years. My group demands more more more from people but... — read more 

Consequences of not going into office

If I don’t go in all the time what will happen? Will I get laid off? Will I get fired? I have been worth the company 10 years and have had good performance so far

Company Culture Crisis

In recent times, the once-stable landscape of Fidelity's corporate culture has been shaken by a series of leadership transitions and organizational shifts. Following the departure of Kathy, there's been a noticeable shift in company culture. Several... — read more 

Are the layoffs done?

Are they done? Were they just last week? I feel like there’s so much misinformation going around the floor this week. I hate that I’m in the office because it’s a sh-tshow.

It’s not you it’s us

For the folks new to the strategy game at the top of the house let me walk you through what happened. Abby and team unhappy with what’s going on in PI. Joanna and surrounding team fired / shown the door. Shuffle the cards and brought in Roger “the... — read more 

Happens all the dang time

Why is management pretending layoffs don’t happen every year or two. This is such bs and all hidden by lies since the company is private.

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Radio Silence

Is this typical behavior for Fidelity layoffs? They've laid off thousands of people and made a statement to the media, all the while not having the decency to communicate with their employees. No word from executives or managers. Even my coworkers... — read more 

Union?

I am starting to think Fidelity leadership want a union

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