Thread regarding Fidelity Investments layoffs

The only achivement folks share !

I joined last year, I am kind of surprised the there is so much pride associates have to stick around in company for 20-25-20-25-30-35-40 years!

In my first 6 months, when I met somebody or when they were introduced, there was no mention of their achievements, work or success or role .. it was always .. achievement is "she/he has been here for 10-15-20-25-20-25-30-35-40 years" lot of them are in the same role or team for at least 10 years!


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| 1 view | | 9 replies (last May 18) | Reply
Post ID: @OP+1krshe446

9 replies (most recent on top)

Would you rather they brag about all of the projects they've done that you've never heard of? Or how often they got EP? Or how much more they make than their peers? Or how often they've changed jobs? What would be the acceptable achievement to share with a new joiner to impress you?

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Post ID: @gs+1krshe446

What????? Get your thumb out of your mouth or your a.. and make a coherent sentence.

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Post ID: @d2+1krshe446

so, quit? The thing you are entirely missing is exactly what you are complaining about. Longevity is both a reflection on the employee AND the company. The individuals you are questioning about merit, have accomplished and endured more than you can probably comprehend.

I’m not sure if you were actually wondering why, but i’m happy to tell you it is something to be proud about. Some of these individuals you speak of raised families AND grew a career in the same place, often on the same team. Sure there are mean spirited people everywhere at any age. You will find stubborn people in ANY workplace.

For me personally, joining a group as a 23 year old with peers having majority 10+ years experience was a green flag. Domain knowledge isn’t something you can google on investopedia my friend. & my peers certainly protected me from looking stupid, ALOT.

12 years later i am STILL grateful for them, and am confused by all this dinosaur language. They taught me to keep my head down and try to tune out the nonsense of an ever changing industry and firm. I wasn’t as resilient as my long tenured peers and finally left after i was fully vested. It was a fast paced, high stakes environment BU. I didn’t think i could make it 5 years — i truly was in way over my head. My 401k looks the way it does today because of the support of the people that don’t impress you.

In the very scattered and manic year spans you threw out. I can count at least two recessions, 4 re-orgs, a decade long leap initiative to slowly pushout/replace other roles, massive leadership changes, historical industry changing CEOs. What you scoff at is what you are missing. Knowledge, experience, stability. Did i mention a 401k 7% match?

What is it here that you are specifically asking about? I’m sorry for you that you don’t see it as an accomplishment yet. But if you are so confused/off put by the concept, why are you not leaving? Probably because of the 401k?

I wish you the best of luck in reaching the vesting exit point in ~4.99 years. If that fails you can always jump to a startup, rockstar! I heard it’s sick!

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Post ID: @cr+1krshe446

If you're there 40 years, you have too many achievements to list, especially to a newbie who probably wouldn't understand them anyhow.

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Post ID: @c5+1krshe446

Still employed but can't stand the place - just applied to 3 different external jobs. There are plenty of jobs out there with better pay despite what people are saying. Don't be afraid to leave the sinking ship.

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Post ID: @av+1krshe446

why are you on the layoff site complaining already if u just joined

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Post ID: @aq+1krshe446

I am not leaving because of the many shares they give me every year ✌️

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Post ID: @an+1krshe446

I am one of those dinosaurs, but I am always shocked when I make it another year. This is the worst I have ever seen it. I can't wait until the market changes, as it eventually does, and all of the employees take their talent elsewhere.

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Post ID: @ah+1krshe446

that's why they are called dinosaurs! their jobs are more secure than. yours. they will riff come next layoffs while these dinosaurs with A0's will thrive and pocket your paychecks.

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Post ID: @a9+1krshe446

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