Based on the rumors floating around, we should brace for a significant headcount reduction in December or January. Word is they're considering shutting down the architecture group entirely, along with several of the vanity projects.

Anyone know anything about the suspected wealth changes now that the “leader” is hitting his 100 day milestone? Sounds like it’s in Oct. - saw a post a while ago that mentioned fall shifts.. is this it? He doesn’t want all the leaders at his table?... — read more 

We are facing a severe recession that will lead to widespread corporate bankruptcies and the decline of the dollar's dominance in the global economy. The impact will be profound .Let's be aware, ours may be the final generation that knows what it... — read more 

There is so much talent wasted because they have managers who are unqualified or lack basic skills. Fidelity could be a great place to work again, but it would take too much time and money to fix the broken management system. And we don’t have time... — read more 

Fidelity is really piling on the workload for people in advisory services. In the IMC space the workload is doubling & of course without any substantial pay upgrades to match. What I am witnessing is a major culture shift where Fidelity is... — read more 

https://www.whitehouse.gov/presidential-actions/2025/09/restriction-on-entry-of-certain-nonimmigrant-workers/

L4 engineer here, just curious why my chapter lead has a VP of architecture as their boss. Whereas other software architects have other bosses. Not sure why.

I need to be blunt about the architecture team. They are overwhelmingly ineffective. Their performance is an embarrassment for what they're paid. They consistently demonstrate a profound inability to grasp practical constraints, rendering their input... — read more 

We have a few coasters in our team working on same item since idk, 5 sprints And they have 0 knowledge of what they are building, cannot even write or understand a simple join query Guess what, they get to demo all my work. Why do managers... — read more 

The post pandemic work life at the firm has made me seriously consider leaving the workforce completely. “Support” being a new buzzword with zero meaning is the base of the new culture. So many people keep talking about how other companies are... — read more 

I worked my a-s off for this company for ten years and barely broke 65k. With news of the NM layoffs, I decided to look elsewhere and found loads of companies hiring. I immediately found employment making over 70k starting. It just su-ks to think... — read more 

Welp I made the mistake of buying into the safe and respectful workplace training and reported an issue from the training to HR. Fast forward - I’m on corrective action, how long until I’m out the door?

Assume you have a manager who seems narcissistic, only caters to ones who su-k up to them, gives opportunity to grow to only those associates who are "teachers pet". The "pets" end up getting all the recognition, accolades while the truly deserving... — read more 

Let’s hypothetically say I was texting my friend saying that Fidelity is a bad place to work for, or other things negative about Fidelity. Things like “Fidelity su-ks”, “this is a trash a-s company”, or other reasons why Fidelity su-ks. And then... — read more 

I moved to Boston for this role and since day 1, I have experienced nothing but hate. Starting with security personnel at the entrance glancing at you weirdly to cafeteria employees giving stink eye. And on top of that, every elevator ride is... — read more 

We all know cuts are due in October so why plot elaborate fascade ? HR, scrum masters, they're all playing dirty games, preventing promotion, opportunities not given to people anymore. Been asked to do tasks which are mundane, not required in the... — read more 

I was offered a Squad Leader role at Fidelity and I am curious if the culture here is as bad as everyone makes it out to be? Six rounds of interviews for the role, everyone I met with has been with the firm 10 years or more. I would love honest... — read more 

So many posts about managers stealing credit. But what no one talks about these days is why managers are ONLY giving opportunities to individuals who are in the same region as themselves to show off while pushing high performing associates into... — read more 

Heard wealth tech got hit, any confirmation? Rumors around last day being end of December for some long timers.

It looks like Fidelity / Veritude is being investigated for H1B violations for offering jobs to H1B folks before offering positions to Americans.

All rumors points to the second Tuesday of September. Will report back what I learn around me on the learning day!

Began learning about six sigma recently. Specifically DMAIC. I know this is a long shot, but I remember a couple years back when some head of a product area was claiming about how agile based statistics showed employees were very productive during... — read more 

For the past four years, I have poured myself into my work—showing up every day, giving my best, and hoping that my dedication would eventually be recognized. But no matter how much effort I put in, the promotion I’ve been working toward never seems... — read more 

Been radio silent for awhile now - any news on a new VBO

It seems my manager is intentionally shutting my contribution down, even after evidently doing more work than rest of the team. I have received zero appreciation from my my manager, instead keep receiving same comments for Quarterly. Is this...

Feeling so disheartened and disappointed. This firm truly prefers teacher's pets and individuals who are less deserving when giving recognition, appraisal, raise or bonus. I have slogged my a$$ and all of my manager downplays everything I did... — read more 

It looks like the social media team finally got bored with this site.

There are no layoffs, Abby will never fire anyone. If there are layoffs, provide details, not just click bait for fake news.

https://www.advisorhub.com/vanguard-to-pay-19-5-million-for-failing-to-disclose-advisor-conflicts/ According to Fidelity’s Advisor Compensation plan, Fidelity uses “complexity” as a factor in determining variable advisor compensation. But it does... — read more 

No wonder her daddy didn't want her to takeover the company and instead tried to direct her toward leading Fidelity charitable.

I'd not have believed the rhetoric if I hadn't first hand witnessed manager blocking my promotion, sidelining me into oblivion to clean up the mess in another squad. What is the point when managers are shutting down actual performers to give... — read more 

In FI - three more associates on teams in my group are out on leave due to stress. Constantly altering the roles, adding responsibilities, letting some internal groups who are supposed to support us borderline belittle us, refuse associate vacation... — read more 

Just saw some short Fido ad on TV, wow it made it feel like you were joining the team at Walmart…raising the standard by lowering the bar.

You put in extra effort thinking it will lead somewhere, and instead they just pile on more tasks. No new title, no raise, nothing. Now I'm wondering why I ever went above and beyond.

My manager has been "dangling the carrot" at me ever since I joined. Asking me to burn midnight oil and be an expert, which I have done so and received so much appreciation from individual team members. Yet no recognition from my manager, no... — read more 

The Indians coming here as AI specialists are all fakers.

Worth trying to transfer into SAI? How's the culture?

I’m leaving the industry because of my manager. I have discussed this with my spouse and I cannot take the new culture. I went through all the channels listed in the annual hr trainings and haven’t noticed a positive difference with my manager. I’m a... — read more 

No one cares if you're star performer, a contractor with more exceeded expectations than any entitled individuals. Everyone knows who's going to be impacted, if you hear your manager asking "summarize pending work for end of the year", you know... — read more 

One of the posts here said the August cuts were the 2 Tuesday of the month. Did I miss it or was there really even one? The firm really doesn’t believe in getting rid of people, in my personal experience. That could lead to bad press. According to... — read more