Need advise what to do with PTOs as I am one affected by the recent layoffs. Do we get them paid out or take them prior to leaving?

I’m hearing that it was mostly US employees affected. Input from overseas origin management drove much of the selection process.

Any mainframe developers affected in this layoff?

Fidelity pushed the non-tech to tech roles during the pandemic. Then finally someone realized it’s better to pay more for people who know what they’re doing. Next cut will be managers who aren’t qualified and have been in their roles too long. Weak... — read more 

I was laid off last week and I have to say I feel nothing but relief. I was one bad week away from resigning with nothing lined up. Now I get a package and a clean exit. I know not everyone is in the same position, so I hope the others affected are... — read more 

Curious.. What was your grade, salary, share amounts?

Do not recommend House of Fidelity.. but… This book really helped me get through a tough transition when i left the firm. I highly recommend for those impacted in the tech space https://a.co/d/0jkcO8Xz Bit of a click bait title - but Erika used to... — read more 

contractors paid more then FTEs for same work ? any company will retain their FTEs and lay off contractors for any scenario!!

Would you consider finding an internal role and staying or are you completely done with fidelity? What are some of the pros and cons? I’ve seen a lot of people who were laid off last round come back either full time or contract so just curious.

1000+ roles might not seem much but majority of these were VP, SVP level roles. When these leadership roles are filled, the teams are consolidated and there WILL BE natural redundancy introduced that will further fuel reduction in future. The... — read more 

This comment from a Fidelity spokesperson gives me pause and makes me wonder what the median age of those impact by the RIF is. I’m 52 and was laid off last week. If you were laid off, share your age below. “These changes are about getting the... — read more 

It's been an attrition tool everywhere else, first and foremost. But people are hanging on to their jobs. The market is brutal, so they're meeting all the RTO demands. I wonder how this will actually play out here.

Maybe your role wasn’t eliminated but it’s different now… you’re managing a lot more people suddenly or not managing people anymore? Or you were asked to go down a level in title or comp?

To have a modern workforce, nimble, ready to work at anytime and anywhere, and now they return us to our father’s old fashioned office drudgery. We aren’t “liberated” we’re back to being pawns and cogs whatever you want to call it! All that... — read more 

Is FCAT impacted? Are tech teams in Boston impacted?

Do you think we’re more of a target for a layoff if we’re under five years? When u got hired it was a big deal Fidelity wanted us to stay on and it seemed they wanted us happy now I’m worried since I’m just a year a way from fully vested.

I keep thinking the day is coming (probably sooner rather than later) when they’ll cut that too, and layoffs will become ten times harder on people. Finding a new job already isn’t easy in this market, but having a solid safety net while you search... — read more 

Does anyone know whether FILI was renamed recently?

Who now truly owns delivery if scrum masters, squad leads, and coordination layers are reduced?

This is how I am understanding it: much larger teams with fewer leaders mgrs w/ more direct reports Scrum master, Agile coach, program, project, and squad-lead roles being reduced More expectation that engineers and ICs manage execution... — read more 

Do they really thing they are reassuring anyone when they say: "Over for now" & "Nothing planned"... Anyone who has an option should consider this as a clear sign about what to do. This fuzziness, double speak and silence from executives creates... — read more 

You can run, you can hide, but you cannot escape ... AI will first eat Software Engineer or QA Engineer roles. Next year RIF target will be Software Engineers especially order taking coders without business domain expertise. Grade 3,4,5 would be... — read more 

@bc There is a docu-sign package with multiple pdfs where associate who is impacted have to sign. This is an agreement terms and conditions to get the severance pay and benefits. Like I will keep things confidential, I won't go to media, court etc... — read more 

Abby will be begging people to work from home. If you think this isn’t a possibility for another pandemic get yourself educated

Does this truly surprise any of you? By the time we joined our assigned teams, existing systems Analysts and QA were on their way out the door with a buyout. That was the first of many red flags. We remained categorized in who’s who as systems... — read more 

What happens to your shares if you get laid off? Do they pay you or not?

Did anyone from Talensource get let go?

If you’re over 40 and you were affected, you will be receiving a list of those included in the layoff and a list of those not laid off. Not with names, but with titles and characteristics. It would be interesting to hear how many associates are on... — read more 

It really doesn't matter when the next round is going to happen. How many times have we already experienced layoffs being dropped on us without any communication or warning that they might happen? Leadership has proven to us many times over the past... — read more 

People keep saying the cuts are done or will end soon. I've been here long enough to know they won't. This is just how we operate now.

Heard some G8 were force to take a pay cut and become G7 and if they didn't accept those terms. They're gone and would not even get the severance package.

We were first introduced to these ‘traveling’ resources when the Spotify model rolled through. Are they the ones leading the “next re-org” too? If not, were any of them impacted in this? Or are they the ones pushing the enablement lead lingo…

Been nixed here. They are so much into push push push never fast enough do more do more have less time to breathe. It’s awful lately I had great expectations for this career and each year gets more grueling and demoralizing. Add the RTO FT and... — read more