Thread regarding Fidelity Investments layoffs

Too many G8s in wealth and brokerage

Why do we need so many grade-8 architects ,Engineering leaders and squad leads ? .What do these architects really do ?


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Post ID: @OP+1m6c91s22

10 replies (most recent on top)

@bg confluence pages are never read - only busywork to seem like something is getting done

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Post ID: @cy+1m6c91s22

changes coming soon to FAE

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Post ID: @cq+1m6c91s22

What about the glut of G7/G8 data scientists who are essentially highly paid plagiarists? Do we really need that many people just to download open-source models? Most of them churn out BS white papers and patents that nobody even cares

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Post ID: @bh+1m6c91s22

Lot of G8 architects in the enterprise as well. Mostly creating Confluence pages which no one ever reads

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Post ID: @bg+1m6c91s22

Architects are the Zeus and Poseidons, take your solution on a separate call and make it “ their solution” in the coming call with “ their idea” blatant plagiarism!!

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Post ID: @bd+1m6c91s22

Why on earth do we need so many g8-g7 architects?

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Post ID: @bc+1m6c91s22

They should trim the SVPs and VPs. All they do is create decks and pretend they know what they are doing

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Post ID: @b7+1m6c91s22

too many G6's and G7's ... if you are related to people at 3+ years experience you can be working in any role anywhere from G6 to G8...

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Post ID: @b4+1m6c91s22

Fidelity built a bloated unwieldy organisation during the agile transformation. The org chart is getting flattened hard but the big change will be after RTO. Fidelity will aggressively re-align on an in office team/product/bu model next but they need to know who is really willing to remain post-RTO first.

I know first hand. I've been smiling and playing the game myself with the upper grades. It's all politics up there and no one knows who is really staying.

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Post ID: @at+1m6c91s22

There will be a round of G8 Demotions and Eliminations, HR already has the list, they are working on timing due to holidays, election, and an India trip in Q1

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Post ID: @ap+1m6c91s22

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