Thread regarding Fidelity Investments layoffs

What's it like to work in WI?

Longtime reader, first-time poster here.

I’m a software engineering manager who previously spent some time at Fidelity in PI before COVID. Overall, I had a pretty positive experience and have been considering returning.

I know the general sentiment on this site tends to lean negative, but I’d appreciate hearing from anyone with firsthand experience working in WI, particularly within Stock Plan Services, or in the Westlake campus.

Thanks in advance for any insight or perspectives you’re willing to share.

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| 14 views | | 5 replies (last 10 hours ago) | Reply
Post ID: @OP+1m7b5493g

5 replies (most recent on top)

Current SPS QA. Not as bad as @ar experience but not all different either. My project is stable. Some team mates projects require weekends before releases. L8s are a pain. Changing their minds every few weeks and not coordinating with each other then blaming the teams. Agree on being told we will get better soon. My manager says two quarters. Lot of new hires so maybe they're right.

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Post ID: @b7+1m7b5493g

Former SPS here. It's a bit of a sweatshop at the moment. Lots of long days and some weekends, last minute project priority changes, certain teams are dealing with high turnover. Really good people on the ground. Leadership is hit or miss with VPs and above being very out of touch. They kept insisting it would get better but I spent a year there without it ever getting better then moved internally. Westlake isn't full RTO yet but it'll happen. If the pay is good and you need the job it may be worth taking to get a foot in the door but ask lots of questions about the expectations for availability.

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Post ID: @ar+1m7b5493g

@ae so true! All the posts complaining about workers at other sites who still have hybrid instead of directing their anger at the C-suite for making the decisions. Or asking if we can sue over the tiniest grievances.

WI has dated tech and tons of red tape but you probably know that if you worked at Fid before. There was a layoff in May but everyone expects RTO to be an excuse to push more people out instead of more cuts. As long as the hiring manager seems cool I'd take it. Bad as this site can make Fidelity seem, you could do a whole lot worse.

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Post ID: @ag+1m7b5493g

@OP if you can't tell from the down votes on your question, Fidelity is full of whiney spiteful b*tches who complain about everything and do nothing to help each other. How dare someone ask what it's like to work here we should clutter with the 30th post about RTO instead.

WI, like most jobs, depends a lot on your manager. I work there now and really enjoy it but some of my colleagues are miserable. SPS is no different from what I hear. You may work 40 hours max and you may do 55+ regularly.

The Westlake campus is nice though space is tight and traffic su-ks.

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Post ID: @ae+1m7b5493g

You really need to reach out directoy to your own Fidelity network and ask them to setup a confidential chat with one or more WI associates for you. If the person who gives you information isn't by reference and on a call where you can ask questions it's not worth heeding.

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Post ID: @a1+1m7b5493g

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