Thread regarding Fidelity Investments layoffs

Wealth changes?

Anyone know anything about the suspected wealth changes now that the “leader” is hitting his 100 day milestone? Sounds like it’s in Oct. - saw a post a while ago that mentioned fall shifts.. is this it?

He doesn’t want all the leaders at his table? Potentially merging groups within his leadership. SLs will turn into PLs and their skills along with SMs will be reassessed.. as they merge “delivery” under technology. Hearing VP IC in jeopardy. Delivery teams will merge. Whatever happened to BME? Not that it was working.

2 groups in wealth are quite large and hearing he doesn’t like top heavy. I’d appreciate the shake up since my group is a joke.


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| 1731 views | | 4 replies (last October 3) | Reply
Post ID: @OP+1k5mav8qn

4 replies (most recent on top)

Any update here as we are closer

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Post ID: @23g+1k5mav8qn

I believe the GSL ,architect roles are obsolete and should be eliminated. The department has a high concentration of long tenured employees and almost all of them are useless .They are sticking around because they dont get a job outside .Vice president (GCL,Architects) should be de-graded to grade - 7

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Post ID: @aw+1k5mav8qn

Heard GSLs are turning into GPLs. What is a delivery lead compared to that? Also PALs will report to the CIO.

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Post ID: @ag+1k5mav8qn

“Some chapter leads” will become delivery leads

Some GCL will become platform leads.

Squads will be merged as one creating redundancy in certain groups.

If all the rumor is to be believed, ax will fall on october 13th

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Post ID: @ae+1k5mav8qn

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