I’m hearing more and more that a VBO communication will come out in March. And rumors of it being complicated and tiered. If you don’t qualify immediately, you can agree to accept it in two years or something like that. Anyone think that’s a... — read more 

Hey, Does anyone have the memo of Wendy John being out?? Seems like the same as Amy.

An email came out that Joanna is leaving Fidelity as PI’s president effective 12.31.23. That’s a short tenure as she started just 2 years ago. Some have said that’s the shortest time they remember from a President or EVP. Have any of you heard why?... — read more 

And what causes that if so?

Does anyone think it’s coming? I don’t have my hopes up, but I’m wondering if they’ll do anything.

Let’s be honest, none of us would be here if we just received base salary. Big part of our compensation package is bonus, so when we keep hearing Fidelity is have one great year after another, but the bonus pool is never fully funded, it would be... — read more 

With the layoffs at Citi and Schwab I am once again thankful I work at Fidelity. While it happens they are small and rare.

I am supposedly stuck in pause for a position due to the reorg. I have been told that my official offer is coming - they are no longer interviewing for the req - but they are "sorting out" the reorg stuff. My team is moving BU's. My position is a... — read more 

Heard from two reliable sources that the funding level for the bonus pool will be a lot lower than the past 5+ years and that some BU’s in FI will not be happy. Really not happy. Anyone hear anything like that? Also I keep hearing rumors of layoffs... — read more 

Recession is looming in 2024 . Are there chances of layoff ?

Keeping Fidelity afloat. The younger workers are so unreliable that I hear VBO is canceled. The young workers just want handouts and instant promotions.

The anticipation is ki-ling me, so I had to find out if a VBO is going to happen in 2024. I networked and contacted a guy. He got me in touch with another guy. We had lunch and his girlfriend, a lawyer, joined us. She works with some people and... — read more 

I’ve been hearing rumors that there is a hiring freeze in PI. Supposedly this is due to the reorg. Can anyone confirm?

trust me on this one

It's happening. Insider scoop right here

I was Facebooking the other day. I communicated via Facebook Messenger to a college buddy who is looped in. He is great buds with the manager of the cleaning staff and cafeteria workers. He usually has all the information fast and factually. No... — read more 

Beware they know things

I don't think I have ever seen more people work here that get paid for doing.... What? Some are directors of making you happy and employee feel better activities. Cut the fat and I mean it. If I don't get VBOd, I will have to look elsewhere. I... — read more 

I agree with minority and woman hiring and promoting at Fidelity. We all want people to succeed. BUT... The push to have under represented minorities and women is putting a lot of low talent people into roles that are above their heads. Everyone... — read more 

Anyone else still feeling daily stress due to the following? fall out from 2 VBOs that were a brain drain and SME drain on business logic knowledge migration to Agile leading to non qualified people taking on leadership roles as well as squads... — read more 

Any short term implications

I know people. That is, I know people who know things. No VBO in 2024. Hiring is too tough and the younger workers are a big disappointment.

Hearing there will be additional return to work requirements next year. Anyone else hearing those?

I know not everyone will feel this, but it seems to be a hot topic. Obviously some people are highly compensated, get huge bonuses and plenty for shares. For most of us that aren’t senior management, highly-compensated salespeople, or software... — read more 

After the 2 VBOs and the migration to agile, so many incompetent people were promoted to leadership positions (SL, CL, CAL, etc). They are typically non technical people who were just getting by on who they knew. Now they are responsible for... — read more 

Does Fido now reward employees for posting/reposting corny marketing like stuff on LinkedIn? Find it comical to see colleagues posting all sorts of cheerleader material "I am proud to note that Fidelity is Professionally Reinventing Innovative... — read more 

Rather than blaming the people of India, the benefactors of outsourcing, consider instead the company owner, who outsources jobs to India. Fidelity, a private company, not beholden to shareholders, has an owner with a personal networth of 21.7... — read more 

Title says it all - no details announced yet on duration, % affected, business units or criteria

I am so tired of things breaking left and right, whether it be ATP or the whole system I am just tired of things not working or having to explain why something is not working to clients. For the love of all that is holy, HIRE SOME COMPETENT TECH DEVS... — read more 

Some folks, while commenting layoffs at Schwab, are making it pretty clear that they feel secure from layoffs here. I think that's great but at the same time I'm wondering what makes them so sure that their positions are safe?

Employee of the competition. Wondering what the salary range is for something like this, I’ve had Indian recruiters call me for contract work all week lowballing me significantly... — read more 

Per the dynamic update last week, has anyone/their manager actually received a tracking report of their attendance?

As you read about another round of layoffs at Schwab makes me happy to be at Fidelity. Say what you will but Fidelity is winning right now on all fronts.

I worked at fidelity for about 10 years. I left the firm in March of this year. Best decision I’ve ever made! That company and its management is horrible! They make everyone as paranoid as possible and underpay you every step of the way. Bye... — read more 

I have heard from many people that they intend to leave if Fido insists on returning everyone to the office. Okay, leaving is always an option, but question is where to go next? I have many complaints, but I still wouldn't say there are many more... — read more 

Whaddya know? Whaddya say? 3 days a week IN the office coming in September? I haven’t heard bubkiss.

Perhaps it's just me but maybe Fido has really become a stressful workplace for many of us here? I don't intend to let my health be damaged by everyday stress I experience working at this place.

I’d like to see Fidelity continue to be an innovator and create the next generation workplace. They did extremely well handling the Covid era. Let’s continue and create a new working environment that talented people are drawn to. Offer various... — read more