Thread regarding Fidelity Investments layoffs

Attrition targets

Anyone know how the attraction targets are going? I know there was an expected 5 - 7% expected attrition rate. If that doesn’t happen, will there be layoffs or just we eventually won’t backfill if people move to new roles?


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| 13 views | | 3 replies (last October 4) | Reply
Post ID: @OP+1m3x0bxej

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@pb The company can have attrition targets and continue to grow, those two things aren't mutually exclusive. They've come right out and said numerous times they want to add early career associates. Their actions seem to show they also want more senior long tenured people to go...and open up those oppportunities at lower grade levels.

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Post ID: @ps+1m3x0bxej

There has never been attrition targets established. We are continuing to grow

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Post ID: @pb+1m3x0bxej

@OP RIA taking the burn for cryptocurrency.

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Post ID: @ma+1m3x0bxej

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