#change

PZ last day!!!! Ready to welcome a fresh chapter with a new CEO who is already showing to be a lot more human than robot sitting in an ivory tower! Perhaps he can sort out the expensive mess that has become of AI.

After reading another headline article on a big media website, it got me thinking about AI use here at COP. I wanted to take a poll of how or if AI has changed your job in any way. Who is and isn't using AI tools? What is the roadmap for implementing tools to make your day more efficient? Do you foresee any jobs at COP in O&G being lost due to upcoming AI tech?

https://www.startribune.com/executives-at-this-minnesota-company-commute-by-airplane-a-shareholder-wants-to-change-that/601847339

After 36 years at Fidelity, I have learned that every generation of associates eventually faces a moment when the conversation gets heavy.

People start asking whether the company is changing too much. Whether the culture is still the same. Whether the future is secure. Whether leadership understands the pressure people are feeling. Whether the next reorganization, strategy shift, technology wave, or market cycle means something worse is coming.

I understand those concerns. I have lived through enough change to know that uncertainty is real. It affects people, families, teams, confidence, and morale. I would never dismiss that.

But I would also offer this perspective: catastrophizing has never helped anyone build a better career.

Fidelity has never been a static company. It has grown, reorganized, adapted, expanded, corrected, invested, simplified, and reinvented itself many times. That is not a sign of failure. That is one of the reasons Fidelity has endured.

A long career teaches you that companies, like people, go through seasons. There are seasons of growth, seasons of constraint, seasons of reinvention, seasons of discomfort, and seasons when the path forward is not as clear as we would like it to be. The mistake is assuming that a difficult season is the whole story.

It is not.

Fidelity remains a company with tremendous strengths: deep customer trust, a respected brand, scale, financial discipline, a broad business model, talented associates, and a history of finding its way through change. That does not mean every decision will feel perfect. It does not mean every associate will experience change the same way. But it does mean that this is still a place where people can learn, contribute, grow, lead, and build meaningful careers.

To those early in your career: do not let fear become your career strategy. Listen, learn, and be aware of what is happening around you, but do not let anonymous anxiety define your view of the company or your future. Build skills. Build relationships. Ask for feedback. Understand the business. Volunteer for hard problems. Become known as someone who is reliable, curious, adaptable, and focused on outcomes.

A career is not built by waiting for certainty. It is built by becoming valuable in uncertain environments.

To those who have been here a long time: our experience matters, but only if we keep converting it into relevance. We have seen cycles before. We know that the mood of the moment is not always the truth of the future. Our role is not to deny that change is hard. Our role is to help others navigate it with perspective, steadiness, and maturity.

Long-tenured associates have a responsibility to be culture carriers, not nostalgia carriers. We should remember what made Fidelity special, but we should also help shape what Fidelity needs to become next.

That means mentoring newer associates. Sharing context. Reducing noise. Solving problems. Staying open to new tools, new ways of working, and new business realities. It means being honest without being cynical, realistic without being fatalistic, and loyal without being blind.

There is a difference between concern and catastrophizing.

Concern asks: What can I learn? How can I prepare? Where can I contribute? Who needs my help? What skills do I need next?

Catastrophizing says: It is all broken. Nothing matters. The future is already lost.

I do not believe that. Not after 36 years.

What I believe is that careers are built through adaptation. Reputation is built through consistency. Leadership is built through how we show up when things are unclear. And culture is built by the daily choices we make in how we treat each other, how we talk about the future, and whether we choose to contribute or simply complain.

Fidelity is not perfect. No company is. But it is still a place with opportunity for people who are willing to grow, stay curious, build trust, and focus on meaningful work.

The best advice I can offer is this: do not outsource your outlook to the most anxious voice in the room.

Pay attention. Be thoughtful. Prepare yourself. Keep learning. Take care of your network. Take care of your reputation. Take care of your teammates. And remember that your career is bigger than any one rumor, reorganization, difficult quarter, or online thread.

I have seen Fidelity change many times.

I have also seen people build remarkable careers here because they chose resilience over fear, contribution over cynicism, and growth over retreat.

That opportunity still exists.

The question for each of us is how we choose to show up now.

Wix is reducing its employee count by 20 percent. CEO Avishai Abrahami confirmed this decision. He cited the rapid evolution of artificial intelligence. Fluctuating international currency values also added pressure. The company aims for faster decisions with fewer leadership layers.

https://www.cnbc.com/2026/05/28/wix-layoffs-ai-exchange-rates.html

A friend of mine just got and email title "Strategy Change" from their Sr. Dir. (she is a GL 28) There are no invitees, it's a BCC: It's for 10AM CDT

Two weeks ago I laid off more than 20% of my workforce. I didn’t do it because Cloudflare is struggling. We posted record revenue growth, have strong free cash flow and are adding an unprecedented number of customers around the world. I did it because business is changing, and to win the future, Cloudflare needs to change with it.

Cloudflare CEO Matthew Prince

Two weeks ago I laid off more than 20% of my workforce. I didn’t do it because Cloudflare is struggling. We posted record revenue growth, have strong free cash flow and are adding an unprecedented number of customers around the world. I did it because business is changing, and to win the future, Cloudflare needs to change with it.

Cloudflare CEO Matthew Prince

or does it feel like policies and procedures change on a daily basis?

Noticed several different leaders (mostly Directors) had their title in Outlook/Teams changed to “CW Optum Business Leader-Requisition.”

Does anyone know what this means and if it has anything to do with impending layoffs?

I’ve never worked at a company that changes course as much as this one, constantly chasing whichever way the wind happens to be blowing, whether politically or technologically. One minute it’s one strategy, the next it’s the complete opposite, like nobody even remembers what they were pushing six months ago.

Many people post on here about where is all the work going to go with layoffs? None of this has been addressed since VSP 1.0.. We were wasting so much money of useless “projects”, meetings, reviews, slide decks, paralysis by analysis, that the thousands and thousands of people RIF’d have made no significant impact to progress. VZ is changing and those useless projects will all cease once the gutting is done. It’s unnecessary work and those doing to work will not be replaced. The end of VZ as we knew it is happening in front of us, daily. Su-ks, but that’s reality when you are up to your eyeballs in debt and only answer to analysts and shareholders.

Has anyone heard any information about when the blackout window is to the 401K Plan right before the 6/29 Spinoff? I am moving to the Aerospace side and need to make some changes, but would like to make them as close to the spin as possible. Thanks

New focus on expanded documentation they say. Do they think we are id--ts? Just ask us to directly train the AI that is meant to replace us, why don'tcha?

They have brought in three bigwigs from Microsoft and Google - come on. We know what they are here for, and it is disgusting.

I hope folks see what's coming and prepare.

Just another reason to change up the agency model and contracts. Wake-up people…

Your union “leadership” are not helping your cause. But they will be quick to want your support when contract time comes.

Get involved at your locals and change your outcomes. Prems/wire techs outnumber the other technician groups.

Major shake up coming across Enterprise Partnerships in the near future. Expect to be impacted in one way or another.

Are we still expecting the next round of org changes and small rounds of JEs on the 21st?

Will see what are the announcements later today but from emails and news, big changes, hopefully for the better, but I expect big cuts as well coming soon..

Good luck to everyone out there!

Has anyone been told or heard anything about changes to CXM or MBA roles? Hearing something about a possible “change in responsibilities” coming?

https://youtu.be/TZmR2BuCY0Y

A company that has long said “agents are the core of our business model “ just made significant changes to their contracts. We will see how that dichotomy plays out over the next few years.

I heard we are switching back to Microsoft 365 since Google is not streamlined, adds more steps, and prevents simple tasks. Has anyone heard this too?

And now after many failed attempts to do an upgrade that’s been in works for months and months, they are entering a hard freeze since it failed, yet again. SMH.

Anyone have any insight as to why modeling was moved out of corporate risk?

Somebody posted under the Gas Prices thread that a memo went out regarding a change in the WFH schedule for Burlington due to insufficient parking for CFS employees. I did not get this message. Can anybody confirm this? What is the change and when does it start?

For some reason, and don't ask...lol...I did a random Nielsen search on reddit, and sure enough the first thing that came up was an 18yr old thread from back in the day during the original Nielsen demolition by Calhoun/Habib regarding their "genius" idea that deleting the "reply all" button in our Microsoft Outlook emails would save money! Lol. Man, I remember this like it was yesterday. This would have been circa 2008, about 2 years into the "transformation." And here we are all these years later!

https://www.reddit.com/r/programming/comments/7ttuo/nielsen_deletes_replytoall_button/

Every week: new awareness mail, new policy, new mandatory training, new dashboard screenshot. Engineers asked for AI acceleration - instead they got Outlook copilots managing Copilot.

Leadership changes coming? any info….

As SAPPHIRE '26 wraps up, look for merch and rebranding swag being given away. The company is now SAIP! All in on AI.

A yet still weirder acronym than SAP ... so I checked on its meaning:

Systems Acquisition and Implementation Program?
Substance Abuse Intervention Program?

God, I miss J White's marketing genius.

It would be nice to hear what other SF agents are doing to prepare for new contract changes. Set the bi--hing aside since many of us feel like venting. What is your business approach to the drastic changes to compensation.

What does the agency footprint look like? Fewer agents? Far less support staff? AI self serve?

So we will keep the same OLM/ RLM model or some large scale org change is coming soon? Any insights?

It is happening. Massive number of retirements and mid career employees leaving. Super wild to see.

DeepL announced plans to cut approximately 25% of its workforce. This reduction affects about 250 employees. CEO Jarek Kutylowski cited a massive structural shift from artificial intelligence. The Cologne-based company develops AI translation tools. DeepL aims for fewer layers and faster decisions with this change.

Austin, Texas

https://www.msn.com/en-in/money/news/layoffs-google-translate-rival-deepl-announces-plans-to-cut-25-of-staff/ar-AA22ANSi

I’m officially out of this hellhole in August and I just want to hear some of the feelings of people who left. I’ve been here for 4 years, 2 years too long and decided to go back to school full time. I could only imagine it feels like the weight of the world off of my shoulders

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 themselves
• Fewer meetings & ceremonies (well, @ least in theory)
• More pressure on us remaining, we'll need to deliver w/ less support
• Reorgs is masked with fake terms like "efficiency," "simplification," "flattening," or "new op model"
• the layoff goes beyond cost cutting (they are trying to change how work gets done)
  Am I missing anything or something here?

What will happen June 29th? Any rumors or theories on the organization changes planned? Very little has happened so far. Is this the breather before the plunge?