Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Filthy Office

Not sure if it’s just because I’m assigned to an old building, but anyone else notice how disgusting the office is? The carpets probably need replaced, but damn shampoo them. The tile in the rest of the building is so dirty that tiles are two... — read more 

Can we vote for a new CEO

Abby seemed to do fine for a few years but she doesn’t really seem capable of running the company of this size. Senior managers were constantly criticizing her in town halls and her poor choices are now obvious to low level reps.

Next Pulse Survey

When is the next one? Can't wait, will be even worse then the latest one.

Abby, our pulse score collapsed

Management consultant: Abby, our pulse scores are the worst in 30 years. Associates feel bad, clearly. Abby: What is to be done? I have already ordered them back to office 50%. Management consultant: I shake in awe of thy wisdom. I too am... — read more 

VBO vs Retirement packages

Im thinking about retiring but im concerned there will be a VBO right after I leave How much better is the VBO package vs. Retirement package? Im 56 / 22 yrs

Power Takeback

Despite the record profits. The company replied with reduction in benefits, chipping away at things that made our work slightly enjoyable in office, intentionally understaffing cafes, reducing budgets, poor employee experience management. The extent... — read more 

Connect Week Exhaustion

Not a layoff post just a general observation. I think the rotation between connect week and WFH is kicking my butt. I wake a good hour and a half early to get ready and fight traffic. Sure, I could just maintain this early schedule but I’m not going... — read more 

Anyone over 50 hitting a wall with job hunting?

I've been job hunting for months, knowing my time here is probably winding down, but I haven’t even landed an interview yet. I’ve got tons of experience, but it feels like no one’s interested. Am I missing something here, or is it really this tough... — read more 

Scammers

Anyone read about the latest way that scammers are fleecing Fidelity and other financial institutions? They are clearly associates who understand exactly how security protocols are structured. All IT systems and security protocols for account... — read more 

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Post ID: @OP+1vcQk0qq

Now Former Chief Privacy Officer

Anyone with bonafide feedback on the now former Chief Privacy Officer - Chintan P. Yeah his LinkedIn has a lot of fluff but any real feedback on him? He’s already taken on a role as a CPO elsewhere probably after the China incident doesn’t look like... — read more 

Unionizing in Covington?

I work in Investment Solutions at one of the regional centers and I've heard talk about some sort of unionizing effort this week. I can't imagine all these white kids ever actually attempting to unionize, but who knows. It doesn't even appear to be... — read more 

Customer response to RTO

We don’t have a preference for where your team works from, as long as we receive the same high standard of service and support. Allowing flexibility for your workforce is fine with us, as long as it doesn’t affect our experience as your customer... — read more 

Data breach

I took the VBO, but from what I can gather given all the security controls and policies in place, there must be some real concerns with an insider threat from China. They let 500 associates go that worked out of Dalian and those resources typically... — read more 

Best advice ever given by a Fidelity employee.

Anytime anyone has a complaint about us, just tell them to BlackRock 
 Vanguard 
State Street Global Advisors 
J.P. Morgan Asset Management 
 Morgan Stanley 
 Charles Schwab 
 T. Rowe Price 
 Goldman Sachs Asset Management 
 Wellington... — read more 

Disappointed, moving my investments.

While I am not a Fidelity employee, I do have my investments with Fidelity….UNTIL I move my retirement and brokerage account elsewhere. I am disappointed in the breach that has occurred. Providing a year’s worth of credit monitoring does not cut... — read more 

Managers are consistently failing my team

My team is completely mismatched. We severely lack a couple of very specific skill sets and nobody gives a damn. None of us can focus properly on our work because there are gaps to be filled none of us are skilled for. We lose inordinate amounts of... — read more 

Done with companies that are overhiring

I'll never understand why this place is always hiring and then turning around and laying off a bunch of people. From now on, if I see a company is hiring like crazy, I'm going to stay as far away from it as I can. Joining like that is as good as... — read more 

Validating FMR annual benefits

I have an offer from Fidelity and also one more company and I am just weighting in options and trying to understand what are all the overall benefits that Fidelity offers at the end of the year. My understanding are below - 401k match Profit... — read more 

Thanks Fidelity, and so long!

After being part of the reduction in March, today I got my last paycheck from Fidelity. Since then I've landed a better role, higher comp, and don't have to work with narcissistic, ungrateful leaders. Thanks Fid for the salary, shares, and bonus... — read more 

Chairman’s line is a joke

Someone, a top performer I know who was harassed called and eventually got laid off but not until they took her team away from her. Someone else I know reported an executive about his social media posts and community issues that ended up in the... — read more 

Privacy office

Any insight into this group or leadership in this group? Looking at some opportunities and wanted feedback.

I think my colleagues are jumping ship

I have noticed that they are suddenly using all their PTO and taking days off spontaneously. They also seem very disinterested in our work. I have worked with my team for two years. This is very unusual of them. Anyone else noticing similar... — read more 

Layoffs Happening Today?

Anyone hear of layoff zooms happening today? Two teammates told me HR scheduled sudden zoom meetings with them for later this morning. Located in SMT.

Dynamic He-l

I absolutely hate going into the office. If senior management wants us to be in the office all the time they should have to sit with the weird people they hired during the pandemic. At this point I think the inclusivity brainwashing training we had... — read more 

Who’s who

The number of employees in Who’s Who hasn’t changed. Are we sure a bunch of people lost their jobs last week?

When will software engineer roles come to Smithfield?

I heard there was a lot of tech hiring moving over to West Lake, but I also heard there’s a lot of tech roles opening up in Smithfield, too. However, when I look, I barely see any roles open in Smithfield. I do see a few… but there’s like 10 swe... — read more 

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What is the future of bunch of H1B employees

What is the future of bunch of H1B employees hired during covid for remote job? They have been enjoying life since then as they don’t have to work as much as they used to in other companies as a vendor or contractor.

Fired after 8 years at Fidelity - Toxic environment

I was fired by my manager after 8 years at Fidelity. The reason - we need younger talent and more space for client facing individuals. I now have to look for a job and a sponsor for my work permit. It is rumored that a new round of RIF is coming... — read more 

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