Is there a difference if the meeting is scheduled with HR alone versus HR + a MGR (like if it means laid off versus moving to different org)?
Laid off today
Alright guys I’ll give y’all a real post. I was an SM in wealth and got laid off today. I know you guys like to hate on SM’s but seems like a lot of us got hit. Meeting was put on my calendar super early this morning as a 1-1 without any context... — read more
Does Anyone Subscribe to Ignites Newsletter?
I started with Fido when Reagan was president, now I'm retired. I've seen how they have been able to keep bad news out of the media or at least they control the narrative. Ignites is a great newsletter for the financial industry that sometimes has... — read more
Got an invite for Flash Call
Guys, what is this meeting for a flash call on my calendar? any ideas on what is happening?
Younger getting laid off
G6,5,4 - majority are youngsters getting laid off. Runway if you are young this is a company for dinosaurs
The LAST place anyone
That just got notified they were laid off would be On here. Sorry it’s a bunch of lying trolls in the real world they’d be figuring out insurance and severance and contacting family.
Ok I’ll play along
If you get notified , do they give you a chance to find another role within Fidelity?
BU Layoffs
Anyone hear of anything in FI, Fid Institutional? Part of my group joined Fid Wealth earlier this year but we are remote this week and not sure what’s happening. Another teammate is going out on stress leave. Everyone is beyond miserable.
Trend and patterns
Any one see any pattern in the layoffs ? IP ? Squad leads with small squads ? Platform team SLs? etc
What kind of notification is it this time?
I've seen several people saying different things (unexpected scheduled meeting, email...) so which is it? Or is it how a manager decides to let their people know?
G8 to G7 or layoff
SLs and Architects who are in G8s are asked to take up G7 roles or are they are getting fired ?
Wealth platform
Squad lead here Long time fidelity. Got 12 months severance, holidays paid out to cash and prorated bonus. Was asked to keep it to myself but fu-k that sh-t, I hate how they broke the news so I don't care. Multiple scrum master in my previous role... — read more
No one being escorted out at 245 so
Where are you seeing layoffs?! I think there’s still BS going on.
Yes there are layoffs, potentially well into the thousands.
Upper middle management. Not saying anything else for the sake of not ousting myself.
Even if this was false hysteria
AI and globalization and robotics ARE having and continue to be our biggest threat collectively. So this is a blip on what’s coming down the Pike.
Calm Down
Most of these layoff posts are some type of sadists.I dont see anything happening in the office
CSS Brokerage RIF
Has anyone heard if CSS in brokerage is being impacted? If so, do you know what sites? I’d like to think not as they just told us RTO is coming and I don’t see how an immediate RIF makes sense when it’s clear they want to see people quit rather than... — read more
unscheduled meeting at 8:30
Got laid off.
Please Post BUs
Can we all please post the BUs where layoffs are happening? So we can keep track of it?
Layoffs Happening In My Group
Wasn't just rumors for the group I'm in. Teams is full of people sharing what time their calendar invite that just came in is for with HR + some leader. Everyone promising to give each other recommendations if needed, posting personal emails and... — read more
8:30 est and crickets
Time to ignore this site again ?
If I make it through today
without being laid off does that mean I’m safe for the time being?
Will any of us really know?
It’s likely a small percentage being impacted. There’ll be a lot of rumors and hearsay on here. Hopefully it’s just been a lot of bad rumors.
There was a manager who milked an injury for almost a year
There was a manager in my group who was about to get fired because of how toxic she was. But then had a minor injury and just kept playing up for almost a full year. If she is let go, that would be the best kind of karma.
Update from India office ?
As it’s morning there , any update ..
Not sure what to expect
not sure what to expect tomorrow but getting ready for anything:- i am eliminated manager and/or manager's manager eliminated colleagues eliminated direct report(s) eliminated peers in other BUs eliminated everyone distracted and numbed... — read more
Waiting for NAV update?
Interesting timing there…. Good luck everyone tomorrow in agile type roles. This is unfair to anyone affected.
Familiar Strangers...
Theres a phrase i keep hearing around Fidelity lately.,. usually said quietly between meetings ... or dropped into side conversations when nobody senior is around... "this place aint what it used to be." i don’t even think people say it with anger... — read more
Do layoffs impact ppl on maternity/paternity leave?
Is this less likely? How would someone even be notified if that were the case? Currently on leave and unsure of where things would stand.
We are trending now
https://x.com/TheLayoff/status/2052177259910606983?s=20
Friendly reminder: whatever happens, none of this is your fault
Don't doubt yourself. And never let any corporation make you question your professional worth or what you've achieved.
Scrum master 8 am Mgr mtg 5/7
Scrum Master at Fidelity Merrimack, NH, heard rumors today of layoffs tomorrow, 5/7/2026. 30 minutes ago, received an unscheduled meeting with their Mgr at 8 am tomorrow. Believes they are being laid off, despite excellent performance. 1/1/2027 would... — read more
Asked Manager Straight.
Asked my manager straight if I am part of the layoffs. He seemed to be unaware and pretended that he didn’t know much. Either he’s on the chopping block with me or is playing d-mb. I do see a 15 min slot booked on his caleder tomorrow at 9:30. 😂
a 1-1 set up gor tomorrow
What to expect
This is toxic
So I just got off a 1:1 with my manager and it was just the quarterly check-in, thinking it will be for the worse. The past few days were filled with anxiety with the rumors and the posts on this site. I think on a mental standpoint I'm done reading... — read more
To me this whole thing just craps.
I don’t know about you but I bust my hump working long hard and nonstop rapid pace. I eat at my laptop and I’m feeling like no matter how good or great or exceptional it’s never going to be enough. Add this and sprinkle in AI and globalized competing... — read more