Thread regarding Fidelity Investments layoffs

Hiring / Sponsorship

Hi all, it’s been a while since Fidelity paused visa sponsorships and hiring. Many contractors’ current contracts are due to end in about a month, but we haven’t received any updates. Does anyone know what’s happening? I’ve been working as a contractor for five years, and I expected to hear about a new contract extension by now. Any idea what is happening internal ?


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Post ID: @OP+1m75tkc3w

2 replies (most recent on top)

It's getting renewed for all. Only certain cases they wont

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Post ID: @bb+1m75tkc3w

If they're making a late decision expect it to be within 30 days of end date before your manager has any clarity.

It could be either good or bad news. Fidelity are clearly shrinking head count but renewing good contractors during hiring freezes is often smart business for hiring managers. It doesn't come with any long term cost implications.

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Post ID: @at+1m75tkc3w

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