It’s a fact that the terminated employees made a mistake. They shouldn’t pretend it was ok to keep a reimbursement for a returned item. Also a fact, Fidelity wants to reduce workforce in a cost effective and PR-friendly way. They also don’t want very... — read more 

Any chance those who have been caught in the crosshairs of this have bases for legal action against Fidelity Investments? I'm not talking about people who actually took advantage of the policy just to get cash, I'm talking about people who exchanged... — read more 

Even something as simple as a fitness reimbursement is harder to process. Got rejected several times, with all paperwork and still not able to process it!

As a Fidelity employee, the policies written are so vague i am not even sure the policy states the products can or can not be returned... some leeway needs to be provided to these employees! At fidelity you are a criminal first. I can not recommend... — read more 

Two people who I know where let go. Two investors came in met with each separately. One person was fired because after they bought their computer returned it only for a faster upgraded model. The other person moved serveral times and lost the... — read more 

VP FC and WPA affected

Seriously, there are so many situations in which Fidelity has screwed over its employees, especially the ones who are in their late forties and fifties that there is no doubt in my mind they are capable of anything. But this time, I really can't feel... — read more 

I know someone who provided pictures and statements. They Just couldn’t locate the receipt (almost two years later). Still terminated. They don’t care what proof you have. If they place you on leave, you aren’t coming back. VBO early 2017, layoffs... — read more 

This is the sentence that stood out for me: "Regulatory records show a spike in terminations at Fidelity in the past year." Everybody can see what's going on here. Fidelity is trying to have layoffs without having to pay for severance, and they will... — read more 

Fidelity made it on America's Best Employers' list for 2018 published by Forbes, and not only did we make it on the list but we are among top 100 best employer companies. Am I the only one who finds this to be both funny and sad?... — read more 

I got let go for admitting I returned computer items from over 3 years prior. Repurchased but eBay goes back only 3 years and PayPal 2 years. Don't think it would of mattered even if I could get them. If you are called into investigation by internal... — read more 

I heard the Smithfield campus will be a thing of the past soon. Building 100 going on the market this year. Can anyone confirm this?

It seems like many tenured branch reps are flocking to Schwab for what appears to be the same deal (comp, role, etc.) Any idea what’s going on over there?

With mid-year reviews coming up, so you think they’ll forego raises again this year?

For those of you that were caught up in the recent computer and benefit plan debacle administered by Wage Works .....here is an interesting read. The ivory tower is crumbling.....and it is reaching far and wide... — read more 

Personally I left on my own before getting the axe. After 15 years of dedication to that place the last 2 years I have been treated like dirt with higher expectations and more work load piled on everyday. Management expected us to work 7 days a week... — read more 

Seriously, we lost some of the best people we had. What exactly was the thinking behind that? I understand that their pay might have been higher than average due to their years with the company, but that pay was well earned. Fidelity is already... — read more 

This is what absolutely infuriates me. Fidelity is laying off people while profits are skyrocketing. Why? How can this be anything else but pure greed? Fidelity Investments pulled in $5.3 billion in operating income in 2017, a record for the company... — read more 

This is a pic from Twitter (Twitter Images) https://pbs.twimg.com/media/DW_EWwGU0AAzHQu.jpg Vincent Loporchio, Fidelity Spokesman: “Virtually any company of any size, including The Wall Street Journal, is going to have employees who make poor... — read more 

They could have at least warned us they would be taking a huge charge when they preannounced the income figures. Hits those lower levels who benefited when they expanded share pool 2 yrs ago

I got the axe already and was laid off at the end of 2017. I got a call this morning that more people have gotten the axe already at the beginning of 2018 and will be leaving in March. It seems that Fidelity has been laying off people in small groups... — read more 

The company cut headcount in anticipation of a market drop. Instead, the market screamed ahead. Trump just gave Abby a giant tax cut, which will probably net her many billions of dollars. No additional bonus. And, just watch, no additional money in... — read more 

Asking for a friend

Anyone else notice that profit sharing for 2017 has not been detailed at all typically we will hear something by now.

Anyone hear anything today?

I've been seeing January mentioned as the month of layoffs at Fidelity, but nobody gives any details on where the information came from. Anybody knows if this is something that we should worry about, or just another unsubstantiated rumor? Any info... — read more 

With the recent corporate tax cut, wonder if Abby will sweeten profit sharing the 'little guy'. I think we all know the answer to that...

Brief respite in December. January it's a whole other ball game.

Hearing from very reliable sources there will be another VBO in March. Can anyone confirm?

Well tomorrow is the first Tuesday of the month. How many will go?

A customer here. My company has a busy board on thelayoff.com too.... You need to put some money into upgrading their server performance. You continue to have unexplained system failures. It's a fundamental leadership breakdown or your tech folks... — read more 

I saw somebody mention a possibility of getting ahead of PIP by offering to take a severance package. Is this an actual possibility? Has anybody who has been put on PIP actually tried and succeeded in doing this? Sounds a little too good to be true... — read more 

Contractors are required to take most of Thanksgiving week off, plus last 2 weeks of December. Penny pinching, or something else?

http://www.investmentnews.com/article/20120920/FREE/120929999/hidden-johnson-billionaires-found-in-fidelity-fund-empire This is an old article but think about how much there wealth has grown since. This the family you work for. You give them power.

I am 51 and have always had outstanding performance reviews and suddenly everything I do is being questioned. I was told the things I am not doing (nor is anyone else in my department) is an issue. I was given until 1/2/18 to turn it around, along... — read more 

I’ve head here in WI that that PI is riding their service managers by the end of the year.

This used to be a great company to work for but now with the ridiculous expectations, bonus cuts, minimal to no raises and rumored layoffs it is hard to plan for the future here. It seems no one's job is safe at any level or department. Layoffs seem... — read more 

Look. And, look who is providing these layoff tips. https://www.fidelity.com/mymoney/layoff-tips

Hearing rumors of a December cut. Anyone else hear this?

Has anyone heard rumors of another buyout in 2018 for 50+? I've heard it from 2 sources but nothing further.