Thread regarding Fidelity Investments layoffs

Is it true?

I don't want to spread rumors but an Analyst on My team told me that they are asking contractors to work from home full time now. The location/ building I am in was indeed surprisingly empty during lunch rush hour.

So, what's going on here? Also, is that as good thing for contractors (or maybe not) and bad thing for us because now they'll get all FTE's RTO full time in all locations?


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| 74 views | | 8 replies (last September 30) | Reply
Post ID: @OP+1m3mrk160

8 replies (most recent on top)

SOW contractors are not going to be onsite.
Regular staff aug contractors will be required to be onsite - though the contracts will be ended as classes of the new Leap program finish.

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Post ID: @jg+1m3mrk160

@ba -AM is Asset Management.

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Post ID: @ds+1m3mrk160

@d0 those are SOW (Statement of Work) contractors, they have very limited contract timelines (6-8 months). So, yeah, they have never been asked to come in historically.

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Post ID: @dr+1m3mrk160

i know a company providing contractors has all of their 350ish fully remote. But thats not a change, always been this way.

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Post ID: @d0+1m3mrk160

only work mornings apparently

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Post ID: @cr+1m3mrk160

@a8 what is AM contractor?

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Post ID: @ba+1m3mrk160

Ok, correction, it's just AM contractors, not all contractors.

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Post ID: @a8+1m3mrk160

That's also what I heard for some select contractors. What makes them select? Idk

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Post ID: @a7+1m3mrk160

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