If there really are just layoffs in place of firing people. Hopefully I’ll be safe for this rumored layoff
With Trump's 401k Expansion order, how will the Fidelity 401k change?
Been away from Fidelity for a while. I was wondering if the 401k expansion order the current cabinet is working on will effect how Fidelity's 401ks work. As far as I know, it's just a bill, so nothing is guaranteed. But, if the bill passes, then... — read more
OBTL
Anyone else realize how bad OBTLs are at their job. They tell their reps to “get it to ats” if you don’t know. They don’t even hold reps accountable for leaving transfer notes, which is company policy. Leads to a very negative client experience and I... — read more
Great Employees!!!
https://www.yahoo.com/news/articles/st-augustine-man-indicted-multi-104233492.html Anyone know him
If you don’t mind sharing how much do you make as a level 5 at fidelity? How much did your salary go up if you were promoted?
Last year I switched to a new team but my new pay honestly su-ked. I got the lower end of the range and HR was not willing to negotiate.
Company culture
I started gaslighting myself by thinking about the good ole day at fidelity… then I remember being on multiple teams where women had extra children just for some time off. No, it’s always been this bad.
Will Fidelity office in Jersey City be back full time in March? Will JC office be affected in the layoffs?
Both the Jersey city and nyc office are beyond overpacked in the connect weeks. There is chatter that in march we will be brought In more but there is literally no room. The only option would be layoffs to create the room needed?
Connect week schedule and layoff posts
With connect weeks schedules currently only available until Feb plus so many CIO's having off site with regional leaders , the outcome of colocation push is not too long. The decision has been made already, non performing contractors will have two... — read more
Two rounds of layoffs
End of Q3 we will see first round of layoffs impacting enterprise group, which will include some architects, CL's, squad leads. There's too much chatter going on to ignore, these are no longer rumors but confirmed cuts. Q1 2026 will have another... — read more
Posts regarding what is the role XYZ
How pathetic you guys are to target individuals roles, responsibilities? Everyone in this firm has mortgage, rent to pay, families to take care of. They all have same life situations to deal with, they were all part of layoffs, job cuts in past in... — read more
What type of medical issue would be considered to have you work fully remote or only show up 1x a connect week?
I have chronic migraines but still show up to work and don’t think my issue would get approved. I could get a doctors note but I don’t think it would qualify me for fully remote and could be used against me I assume. One of the members on a team I... — read more
What is this role GCL really about?
A glorified 'yes-man' , minimal technical skills, zero initiative, and a submissive mindset that prioritizes compliance over competence. No vision, no real expertise, just blind agreement with whatever nonsense comes from above. The lower your IQ... — read more
Haven’t worked at Fidelity in a while. I have a few questions.
Hi, I was laid off in 2024. I found this site because as I was trying to cope with the situation. I give my condolences for anyone who lost their jobs with Fidelity recently. I really liked Fidelity when I was there. I haven’t 3 questions. I had... — read more
Enterprise layoffs
Massive layoffs are coming, and architects are on the chopping block....rumors say over 20% cuts. This is dangerous because the architecture group holds our tech together. Meanwhile, many GCLs and tech leaders are weak on actual tech skills. Please... — read more
FI Deathblow Incoming?
In all seriousness, has anyone heard anything about upcoming layoffs to Fidelity Institutional? Either Custody or Clearing? Absolute skeleton crew and service model changes have people speculating layoffs will follow. I hope not. Need the health... — read more
Wealth brokerage cuts
~3k roles to be trimmed across Wealth / brokerage this fall. Some impacted individuals will be communicated end of Aug as immediate separation . Some folks will be asked to stay till end of October basically giving them 2 months to find a new job... — read more
Fidelity is Not American Company
I’ve worked in my tech area for a few years and it is now probably time to leave. Americans don’t get promoted in this company.
How many managers has it been since you’ve had a good day
I was really trying to remember what it was about this company that I loved working for. Turns out I haven’t had a good day in 3 managers. The department changes them so fast until you get stuck with the worst of the worst of people skills or... — read more
Dynamic Hypocrisy
My boss asked me to reschedule something I took PTO for, in advance,because they didn’t want me taking time off to become a trend. My manager proceeded to take off two dynamic weeks after that.
Does anyone feel that Abby Johnson needs to take better advantage of her opportunities?
She has 36 billion dollars in net worth and is listed as the 6th most powerful woman on the planet Earth. Abby, you can literally become a world-historical force for good. You need to step away from Fido and do something actually important (I... — read more
Architect roles
Do we really need this role?..They just come to the calls and talks same nonsense over and over again
All the commotion for Fidelity just to keep us at every other week until Feb 2026. What’s next? Why only 6 month schedules?
Everyone was expecting the new schedule that dropped a few weeks ago to require us to be in the office every week with all the secrecy and commotion Fidelity had around it. When they realesed the schedule and it was the same as irs been a lot of... — read more
Another connect week and another flu/ cold virus
I so much appreciate the connect weeks as I've connected once again with another cold or flu virus. I realize this is not just a Fidelity thing that a lot of companies are having workers return to office on some basis but it's amazing how when... — read more
About relocation posts
Understand the pattern. If you're not in a location where majority of your team is, be wary if: A new team member joins your team in a location where majority of the team / your manager is. That team member immediately starts talking to you... — read more
Too many leadership levels
I'm actually heartened to see that I'm not the only one frustrated with the multiple layers upon layers of 'leadership' at Fidelity. I recently was told to lead an effort to repair data. It was me and one other EE 'in charge' of repairing the data... — read more
Position moved to NC
I am sick to my stomach as I write this and filled with anger, frustration, despair, sadness. I was told this morning that my position is moved to NC from Boston. I have to tell my snake manager by the end of this week if I WANT TO UPROOT MY LIFE... — read more
With the relocation
I will be moving to smithfield in the next month, if the COLA in my current area is lower than smithfield would I get a COLA adjustment to my salary or would I need to wait until annual raise
Surefire Way To Improve Employee Job Satisfaction Scores
Fire all those who come here from the world's largest democracy on scam alphabet work programs. Literally, the worst people to work with. Everyone would love Abby forever if she did this.
Wasting Away
Having it take over 30 mins just to get off the Smithfield campus every day each connect week is fing ridiculous. Then you have to deal with a totally congested Rt 7 which has seen a ton more accidents. Someone high up the ladder must be getting off... — read more
Tight Promo Cycle
Heard it could be a tough promotion year, since we're already top heavy in the Director and VP roles. Bring on the VBO! What are you hearing?
Will Fidelity be hiring more newbies to groom?
Fidelity went through changes over the past few years. New blood will be needed to go with the new norm. That being said, new blood as in “new from college” would also be ideal. Programs like Leap and other training programs for new grads that... — read more
Are your manager soliciting DARN feedbacks from you?
ehh, what can I say? "you, my dear boss, don't do much other than acting as a middle man slowing down things because you try to put your fingerprints on everything"? Am I incentivized to provide the same feedback to my skip? If my skip didn't reach... — read more
Annoying overenthusiastic folks
Understand you are new to the team but calm tf down. There are so many of these "yes-man" and "yes-women" types who barely make any progress on their tasks, yet want to stick their nose into other people's business just so their managers can see... — read more
Melia announcing cuts (repost)
Since Roger retired, the team is reconciling the track it reports, recommendations he shared for trimming budget across Wealth BU. With that said, Melia seems to be announcing broader cuts starting August, going into end of year due to colocation... — read more
Why Isn’t Media Still Covering Snackgate?
I’m sick of this sh-t. I need my sun chips and we need more people to advocate for more snacks.
Connect Question
I’ve received different answers within my team: if you have a PTO day or two during a connect week but then have to WFH another day that week, does that matter? Some say who cares you lost the week anyway (about the 60%) and others think it will be... — read more
US-based Fidelity Investments eliminates 500 job positions in India
US-based Fidelity Investments eliminates 500 job positions in India: Report - World News | The Financial Express https://share.google/LNUIZl4yQB2nyv8kr
Devil boss
Anyone else have a manager who ghosts the team for days but will always try to zoom with you the last hour of the day, just to make sure you hate your evening as well? At first it was just annoying but she does this all the time to many of us.