Who got the thank you gift from BA for good participation in return to office? Some Boston people in my team received it while others who were fully compliant with return to office requirements did not get it.
New manager every year forever.
Can you imagine if Fidelity purposefully switched up CEOs every year for the next decade? New business direction, new company purpose, new budget, etc, every year? I'm asking because I've had a new manager more times than my years of service at... — read more
HR Verbal Warnings
HR is forcing Directors to give verbal warnings they deem warranted regarding Dynamic Week attendance issues. Maybe some are justified, I don’t know. September should be interesting!!
Who can see pulse survey details
We all know Pulse survey is not annonmous. The management needs to group results by locations, units etc. However to what extent is it confidential. Who and which grades can see the corp IDs and the answers and comments. We were asked to put more... — read more
Not enough work
Things have slowed down significantly in my BU to the point where there is not enough work to go around for the number of people they hired. A similar thing is happening where I am (unless we're by some unlikely coincidence the same BU). Is this a... — read more
I work only as much as I'm paid
and in the meantime, I'm looking for new opportunities. Why would anyone who is underpaid try to go above and beyond?
Sept Dynamic Changes
Anyone in SMT hear anything about what changes will come to Dynamic once we hit September? I don’t know how they will fit people into 900 if we’re going back anywhere near full time. And FREC said we won’t have a presence in 500 some time soon. Just... — read more
Everyone is just a number
Company shows no loyalty to its employees. Everyone is just a resource. They’ll use you up and treat you like you have no worth.
nonsensical statements by Management
In the last two tech all hangs, I heard statements from Rogers Directs like "People should work in Fidelity for all great tech work and not Google, Amazon" "Why are people joining other places for a pay hikes, and not having a great career here"... — read more
No care for the future
Honestly. Systems have been breaking left and right, things are just unreliable and clients are beginning to notice. Pay top dollar for the top people, we have the money to do it. We either have stupid leadership or they do not care about the... — read more
Contractors having title Principal
In technology, All vendor contractors come with the title of "principal software engineer" in most cases their actual capability would be 2 grades below. I have been told that this is due to the amount of Money being paid to the vendor company for... — read more
Cloud, Crypto, AI or Digital
Fidelity is expanding in 4 major areas to play catch-up with the industry: Cloud, Crypto, AI and Digital. Question is, if they had to cut one of the above, which would it be? My vote is crypto first and then slow down AI progress.
Are layoffs coming soon?
Has anyone heard anything?
Fidelity has Trust Issues
Monitoring badge swipes. Monitoring email. Monitoring chat. Monitoring remote device usage. Monitoring training. Filtering Q&A in Company mtgs And please don’t say this is for security reasons, that is how all dictators justify it.
They need to pay more
If they don't they'll keep losing big talent.
Connect weeks for thee, not for me
Unofficially, VPs and above hired during the pandemic are being classified as remote and not required to participate in connect weeks or really ever see their reports in person. Everybody else? Better get back to the office to get on Zoom, you don't... — read more
More layoffs coming this month??
I’ve heard a rumor that we’ll be seeing more layoffs in March. The person who shared the rumor is not the most reliable one (let’s just say he’s prone to misinterpreting things he’s been told) so I’m trying to see if anybody else has heard anything... — read more
It screams of a good time. Let's do this in Smithfield on Friday
Dynamic Working Solution
Pssst.. Here’s a little secret. Me and my teammate take turns scanning each other’s card for dynamic work week. We only have to show up every other month.
I'm resigning in the next week or two. Found a role externally paying 35% more for the same work with a little more responsibility at $150K. Is there a limit managers can offer in terms of counter offers if one is made? I've been rated EP 3 years... — read more
Fidelity Ireland Rumours
I saw couple of comments here on Fidelity Ireland down sizing. As far as I know Ireland is on a hiring spree, lot of crucial projects are based there, and has an excellent reputation in Engineering excellence. Is there any Truth to these rumours.
AI @ Fidelity, Your Job
Fid is dipping it's toes in to practical generative AI. Trusted engineers and service reps will soon be getting access to tools that are currently blocked, as part of a small pilot. Are you worried? More than an outright reduction in workforce, AI... — read more
FPWA is a train wreck
All the different structural changes and market changes have leadership running around with their heads cut off. I’m getting conflicted feedback from every single person in leadership on how to progress in this organization. They won’t promote me but... — read more
SVB and Fidelity
The advisor RIA side of SVB resides on the Institutional platform. After taking over Boston Private and KLS (which are huge clients in their own right), I think SVB is either the largest or among the largest in Custody. Could lose a lot of assets and... — read more
They will force you back
Some BUs are already piloting a full return to the office or 4 days each week of the month. I also noticed how the “dynamic working” calendar is set up to get some psychologically used to being in the office. Started as three days, now 5 days, and... — read more
Is it just me or is this board incredibly negative? I'm in IM and Fidelity has been pretty good so far.
The pay is great, bonuses are good and mobility is pretty damn excellent. Yet I come on this sub and see pretty negative comments. Fidelity pays for your CFA which has been a pretty good benefit.
Some organizations are adding thousands while others don’t backfill even with volumes rising and new clients being onboarded. The level of service is slipping big time with CLS’s, the quality is suffering and large institutional clients are... — read more
Fidelity does not care about diversity
Abby had her shareholder meeting. Gloated about crypto and Reddit and all the big new WI clients like Boeing. What I noticed was zero diversity in the audience. Not even the South Asian folk who are the backbone of this place. Never mind Latino and... — read more
Bitbucket is getting phased out to cut costs
First they stop paying for licenses, and then they stop paying their employees
Ireland office to be closed so
Any thoughts when this could occur ? Plan is to relocate to the phillipines.
Dynamic Update Soon?
We are hearing rumors that they will be extending the one week/five consecutive days per month through the Summer. Anyone else hear that?
Step up Abby
You’re a major presence in 2 states with backwater governors, Florida and Texas. Now is the time to step up and show them that corporate America, not they, call the shots.
April week is posted
April dynamic week/month is up
It was confirmed in a Q&A at the end of some FREC Region presentation that the current “Dynamic” schedule will be in place through May. (Hopefully that sticks). It was also mentioned that they will probably continue to update 900 SMT and possibly not... — read more
Newly Named CIO of PI
When are we hearing about the next phase of dynamic working?
March is a month away and people need to make arrangements. Any word?
I had the privilege of sitting in on a “Heads of” meeting where it seem like a huge change in leadership is on the horizon. Seems a restructuring of the chairman’s responsibility will start Q2. The progressive era as it was called should take a lot... — read more