Thread regarding Fidelity Investments layoffs

FI Layoffs?

Anyone hear rumors of layoffs coming for FI? I know teams are beyond skeleton crews, multiple groups helping with processing volumes, grade 6 and 5s tasked with mandatory extra hours to do other role’s responsibilities. Maybe it could happen but morale is so low right now.

by
| 3092 views | | 5 replies (last April 6, 2025) | Reply
Post ID: @OP+1jqmd9d0g

5 replies (most recent on top)

@14y+1jqmd9d0g Truth! Everyone is doing a lot of extra work outside the usual 45-55hr week. So much talk of burnout and I’m like wait, what? Really?? Come on.

by
| | Reply
Post ID: @15s+1jqmd9d0g

Grade 5&6 are salaried so they can do extra work during tax season, like the rest of the company.

Damn grades 5&6 are a bunch of cry babies

by
| | Reply
Post ID: @14y+1jqmd9d0g

Someone in CE Custody, is that FI?, told me that a 8 has been warning a few people that layoffs will be arriving late this month.

I feel bad for everyone involved especially since no VBO this year.

by
| | Reply
Post ID: @qm+1jqmd9d0g

What depts do you think it'll be?

by
| | Reply
Post ID: @ee+1jqmd9d0g

April 22nd

by
| | Reply
Post ID: @b4+1jqmd9d0g

Post a reply

: