Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Fidelity VBO in 2025?

I had been told no VBO in 2025 last fall but someone told me that a seasoned HR person hinted there is one this year. I certainly would have expected it to show up on here by now. Heard anything?

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Post ID: @OP+1jjg0js8j

Pathetic Brain Washed Sheep

I left Fidelity 2 years ago and I come back here from time to time to read the messages. This company is comically bad compared to what it was 15 years ago. The world is so much bigger than this $hit company. If you’re unhappy, I highly suggest... — read more 

Stop worrying about layoffs

Layoffs are just part of a business cycle. Don’t waste today worrying about a layoff. From the layoffs I’ve witnessed, at the firm, managers seem to give it away. Pay attention to how coaching go and do work you are proud of.

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Post ID: @OP+1jjdann01

Helping my acquaintances

For the first time, when people tell me they’re applying to Fidelity, I tell them to reconsider. Now is not the time to join.

DEI thoughts

I have been reading comments on here where people assume that when others are talking about DEI, they are referring to race. Fidelity has set up a culture where being a cookie cutter employee is accepted, but won’t help. I have seen people who are... — read more 

Company Culture

The culture in the company is so negative. There seem to constantly be rumors of layoffs. Low performers are promoted. There weren’t raises. Management seems to always be stressed and they are mad at employees, in my department. Then the teams are... — read more 

India visitors please note

"Posting here on behalf of an employee who is working at Fid India (as this website only allows posts from within the USA)." I am an L6 Principal Engineer in India and have spent the last 12 years at Fidelity, working across three different BUs. Over... — read more 

Fidelity and DEI

With all the major companies and even the FBI dismantling their DEI departments for ineffectiveness and division, do you think Fidelity will get rid of theirs?

Where is profit sharing

Historically has been the middle of Jan on a pay week (off cycle for regular 401k contributions). No word from Abby yet??

5 Day RTO is Happening

Wanted to chime in on prior posts commenting on 5 day RTO. It will not be an immediate step from 50% to 5 days in the office. Next announcement from National will be 60% in office(3 days a week). The company called Regus is playing a role for branch... — read more 

Failure to Supervise

https://www.advisorhub.com/fidelity-failed-to-supervise-employee-who-stole-750k-from-stock-plan-clients-finra/ This went on for nearly 8 years and no one noticed?

H1B Visas

I’m over H1B visas - you’re telling me a lot of these roles can’t be executed by American citizens?

Layoffs, 5 Day RTO & Offshoring Incoming

Be prepared. The rumor has it that Fidelity will be doing layoffs and offshoring of labor to India where labor is 1/3 the cost. The main reason is that our offices in the US are not equipped to handle our current employee count for 5 day RTO. As... — read more 

Fidelity 5 day return to office

I met someone (director at Fidelity ) yesterday in Boston location who said FMR will soon announce 4 week return to office starting September. Not sure how true this is but they sounded very confident. They also said the HR and management is not... — read more 

NC mobility freeze

Anyone know when the mobility freeze for NC associates might thaw? So frustrating to see MOBILITY on the Fidelity Forward 2025 slide as a company goal. Not true for NC associates! Been in my role for over 3 years, capable of so much more. So... — read more 

RTO

JPM 5x a week now, we are next

Morale has nosedived

Volumes are extremely high. Lazy slacker coworkers are tolerated, so be prepared to take on extra work if you're even slightly above average at your job. Management has failed to staff properly, leading other teams that have no knowledge in our... — read more 

Are we giving fidelity too much credit?

Hear me out guys, we always say in this forum that fidelity is scheming by being so bad and unorganized their master plan is to have people quit on their own in certain groups. But what if fidelity leadership is just straight and plain stupid? Like... — read more 

Role of HR Partners

What exactly is the role of these unusual groups of people called HR partners? I fail to see any value in their role. They neither interact with managers nor associates, and they don't communicate effectively with the teams. The HR organization is in... — read more 

Fidelity will FAFO

It is a shame that Abby has joined other CEO's and owners of very profitable corporations to increase the separation of the top from the real workers. If greed didn't always consume these people, life could be a joy. You've pushed and pushed... — read more 

Voluntary Separation - Dec 31st?

Is it accurate that employees non-compliant with the RTO - Two Weeks/Month were “voluntarily separating” as of this date? In the news but haven’t heard much about it either way.

National Day of Mourning

fidelity “recognizes National Day of Mourning for Jimmy Carter” by not giving it’s employees the day off but queen abby very generously allows employees to use their own PTO I will show similar respect with each passing Johnson

Connect week PTO penalty

Has anyone else been told that taking PTO on a single connect week day voids your time for connect week? We were told that connect week time will be a big portion of next years bonus and that if we take even a single day PTO during a connect week... — read more 

Thoughts on FI?

I’m new to thelayoff, and just wanted to gain insight on what people think of the BU. What it’s like working there, pros, cons, anything interesting that doesn’t violate HIPPA. Thank you, happy new years everybody!

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| 1308 views | | 10 replies (last 21 days ago)
Post ID: @OP+1weydaw4

2 Week Notice

Will Fidelity honor a 2 week notice? Not sure if this is role specific or not. Just curious if I’ll be told to leave same day or can work the 2 weeks out (if I find a new job). Not in an advisor role but am licensed.

Overtime will break me

And it’s all mgmt’s fault. There are ways to organize the workload so we don’t repeatedly fall into a frenzied state. Clearly, they’ve never heard of them.

Go to HR

A lot of the posts on here need to be brought to the attention of Employee Relations. I know a lot of people are hesitant to call HR when something comes up, but there are a lot of things with the Covid favoritism that could land Fido with a lawsuit... — read more 

VBO Not Happening

I don't think the VBO is happening. A person who would definitely know if a VBO was in the works retired in the recent past (deliberately nonspecific timeline disclosure). If a VBO was coming, this person would have definitely stayed around. No... — read more 

A shift in culture

Fidelity was once a solid place to work, but the last several years have been a completely different story. It feels like the whole vibe has changed. We have less genuine people, fewer professional attitudes, and a drop in overall work ethic... — read more 

Fidelity Managers

Anyone else have a manager that has had little to no experience or success in the role of the people they are managing? What is the criteria Fidelity uses when promoting people to managerial roles?

Mutiny in Covington

This was deleted a couple weeks ago shortly after being posted, I've redacted all names to ensure it stays up this time The inbound sales folks here in Covington have not been happy for a long time. Covington leadership understands this and... — read more 

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