Thread regarding Fidelity Investments layoffs

What changes are coming next week ?


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Post ID: @OP+1kqdcjk13

11 replies (most recent on top)

Fidelity has a pattern of laying people off before the rrhp vests. If you’re at 9 years, I’d be worried.

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Post ID: @kr+1kqdcjk13

Hey - everyone! Notice how specific regions were "spared" from the 5-day mandate due to "office space constraints"? They aren't looking for space; they’re waiting for the voluntary attrition numbers to hit the target. If the "Natural Churn" from the RTO news doesn't delete enough users from the payroll by next week, expect the forced disconnects to begin.

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Post ID: @ey+1kqdcjk13

@bq - good to know, thanks!

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Post ID: @c1+1kqdcjk13

@af that’s not how the 401k works. You’ll get a year of vesting credit in June. Read the SPD

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Post ID: @bq+1kqdcjk13

@b6 Will this impact the boston devops team ?

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Post ID: @bk+1kqdcjk13

New Operating Model across the firm with Product and Engineering. Lot of Squad leaders/GSLs and Chapter leaders/GCLs will be downgraded or removed.

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Post ID: @b6+1kqdcjk13

May

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Post ID: @b0+1kqdcjk13

Damn, my 401k fully vests in about 6-10 months. Need to hang on for dear life lol

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Post ID: @af+1kqdcjk13

Don’t know the details but multiple folks mention changes coming from layoffs to reorganization , realignment of BUs/people so all the place but if everyone is talking there is something coming

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Post ID: @ae+1kqdcjk13

I’m sure it’s reorgs

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Post ID: @a9+1kqdcjk13

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