Thread regarding Fidelity Investments layoffs

Multiple flash calls this morning

Seems brokerage and wealth got hit by multiple flash calls this morning and RIF updates.

Some folks in our team were given 3 months to find a new role within fidelity, contractors are also impacted, post June end it won't be renewed.

Any other BU's impacted?


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| 2831 views | | 8 replies (last February 14) | Reply
Post ID: @OP+1kh95etw7

8 replies (most recent on top)

This post was probably just a bored, lonely HR rep who wanted to make the actual hard working associates even more anxious and depressed. Just tossing rumors out there to freak people out just for the heck of it.

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Post ID: @ke+1kh95etw7

Having these All Hands & Flash call meetings so often signals disorganization. I would imagine many in senior leadership are needing to appear as if they are actually doing something.

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Post ID: @e0+1kh95etw7

Troll no such thing happened

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Post ID: @c8+1kh95etw7

I’m a scrum master in wealth, radio silent on my front. Don’t know if this post is bs but I haven’t heard anything.

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Post ID: @az+1kh95etw7

Haven’t heard anything in brokerage . Total silence don’t think there was any flash calls here

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Post ID: @ab+1kh95etw7

I am in managed account space, closely working with Wealth platforms.

We haven't heard of anything in our team, but wealth platforms are going through shuffling and RIF with focus being on colocated associates

If you're not in the same location as your manager AND IF NO ONE LIKES YOU, you have few months under the green walls

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Post ID: @aa+1kh95etw7

Likewise

if you're due for contract renewal or something else (you know what I mean), it won't happen.

Focus also on site locations. Tech resources can't remain scattered

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Post ID: @a6+1kh95etw7

Can confirm this from Wealth side.

I have until June end to find new role

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Post ID: @a3+1kh95etw7

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