Thread regarding Fidelity Investments layoffs

Half the team is gone, but our workload isn't shrinking

They eliminated half our team and seem to think the rest of us can magically absorb everyone's responsibilities. We've agreed not to let them turn their staffing decision into our unpaid overtime.


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| 31 views | | 4 replies (last 9 days ago) | Reply
Post ID: @OP+1m6emzyr6

4 replies (most recent on top)

The first step was moving us from hourly to salary then once that was completed then started adding more and more metrics and responsibilities. To be successful one would almost have to work unpaid overtime, it's completely ridiculous Ted.
When the added responsibilities and metrics were added we were told we would be compensated for it, I received a $2K increase which amounts to a measly $20 a paycheck. Quit honestly, I find it disgusting that a multibillion dollar organization acts like it may not be able to keep the lights on next week. With behaviors and treatment like this of its employees, Fidelity deserves to lose share & experience high turnover.

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Post ID: @dd+1m6emzyr6

I can only dream of having such a cohesive group willing to stand firm like your team. Mine will be-doverbackwards and will accept all the BS upper can offer. It’s sickening actually. Maybe I can transfer to your team you in Boston? 😉

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Post ID: @ah+1m6emzyr6

You have layers of management above you
Time for them to su-k it up and do their jobs

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Post ID: @a2+1m6emzyr6

This is the way. Good luck on holding that line.

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Post ID: @a1+1m6emzyr6

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