Thread regarding Fidelity Investments layoffs

Mass Call Center Firings

Supposedly, Fidelity is all of a sudden firing a lot of call center workers for call/job avoidance at numerous sites. This was announced last week and is now being communicated to phone reps. The memo states that Fidelity can deem pretty much whatever they want as call/job avoidance, such as system restarts (which you often have to do because of the non-stop tech issues at this company).

If an employee is not legitimately doing their job, sure, they deserve to be fired. But... what a big coincidence that this is happening at scale for the first time, as far as I've ever heard, right before fulltime RTO and during their other quiet layoff methods such as cutting bonuses, benefits, etc. If they fire a lot of reps, then it won't count as a layoff.

The quiet layoffs will continue until morale improves.


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| 3 views | | 4 replies (last 1 day ago) | Reply
Post ID: @OP+1kyjsv07h

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It's hilarious that they're complaining about employees not being professional and lacking integrity, when that's the exact thing they're doing. For example, promising all of these benefits, bonus, hybrid working, etc... only to gradually and systematically cut all of these things or dramatically decrease the quality while gaslighting that it's not happening or that it's a good thing... but god forbid a rep restarts their computer lmao. They want to have their cake and eat it too.

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Post ID: @gh+1kyjsv07h

Happened to my teammate today. Total BS. No warning. Nothing.

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Post ID: @fx+1kyjsv07h

Back in the day people used to hit release to go back to the end of the call queue.

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Post ID: @c8+1kyjsv07h

You think morale will ever improve under the current Johnson administration? If not, then, well, silent layoffs will be here for a while.

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Post ID: @ab+1kyjsv07h

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