Thread regarding Fidelity Investments layoffs

The layoff: My two cents

This has left a bad taste in my mouth for Fidelity. I got laid off yesterday, I'm a scrum master in Brokerage, L5. It makes sense to me that I was let go because I was one of the only two scrum masters in my chapter that were L5, nonetheless it was still a kick in the chest to get the news. But, I'm surprised Fidelity announced RTO just last week then this happened. If they were smart they should have announced RTO long before and waited for natural selection to kick in to have people leave on their own terms. But who am I to say?

Good luck to everyone else impacted, I hope you find the good in this as I do as well.

#Impact #Layoff #RTO
by Anonymous
| 3 views | | 5 replies (last May 8) | Reply
Post ID: @OP+1kr4c68qv
Comment! It's anonymous!

5 replies (most recent on top)

Sorry mate. Hope u find something better. Was your package good?

by Anonymous
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Post ID: @a6+1kr4c68qv

@a3 We can agree to disagree. Agile worked, maybe not for all teams. The teams that were impacted were high performing teams. The individuals that were impacted were high performing. That's the saddest part in all of this lol.

by OP
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Post ID: @a4+1kr4c68qv

Agile didn't work out. Just, a giant bottleneck. Cant get any IT pushed. Need more results less bullsh-t. You don't need 15 squad leads telling 20 people what do to.

by Anonymous
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Post ID: @a3+1kr4c68qv

I know of squad leads, chapter leads, engineers and a product area lead that got let go. This layoff was bigger than we all anticipated, and that fact that there was little to no communication is insane.

by (OP)
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Post ID: @a1+1kr4c68qv

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