Thread regarding Fidelity Investments layoffs

Do layoffs impact ppl on maternity/paternity leave?

Is this less likely? How would someone even be notified if that were the case?

Currently on leave and unsure of where things would stand.


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| 1 view | | 7 replies (last May 7) | Reply
Post ID: @OP+1kqzw43wm

7 replies (most recent on top)

You can ask my old friend who our manager contacted while on maternity leave during a round years ago.

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Post ID: @c8+1kqzw43wm

How about sabbaticals for us poor su-kers picking up the slack. We pay into it and don’t get the benefit.

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Post ID: @c1+1kqzw43wm

Nope, that’s a lawsuit.

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Post ID: @bw+1kqzw43wm

@a5 My understanding is they will be notified after they are back

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Post ID: @a6+1kqzw43wm

The Family and Medical Leave Act (FMLA) does not protect employees from changes in employment that would have occurred anyway, such as a company-wide layoff or elimination of their position.

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Post ID: @a5+1kqzw43wm

No, they are lawfully protected and have to come back to the same or very similar role. Unless their whole unit is closing it would be almost impossible to justify their layoff because of this operating model change

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Post ID: @a2+1kqzw43wm

Yes - there are people on LoA that will be affected. Your Manager or their Manager will get in touch with you tomorrow. This goes for people on PTO as well.

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Post ID: @a1+1kqzw43wm

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