Thread regarding Fidelity Investments layoffs

Calm before the storm?

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Post ID: @OP+1lLQVr0l

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Certain portions of FI stopped hiring recently and stopped backfilling. Volumes keep increasing, new clients being onboarded constantly and all mngt does is keep shifting resources around from fire to fire. Feels like they’re hedging for what’s coming by keeping costs low and client “feedback” (complaints) high.

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Post ID: @omh+1lLQVr0l

I have no insider info. Just, it's usually much busier here, so I had to ask.

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Post ID: @rsq+1lLQVr0l

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