Thread regarding Fidelity Investments layoffs

Relocation logic??

Anyone knows what’s up with these relocation????

Are they seriously asking / expecting individuals to uproot their lives and move half way across only to attend zoom meetings???

There needs to be an immediate flash calls from some leadership to address this ASAP.

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Post ID: @OP+1jxxrmbwh

11 replies (most recent on top)

@a1 you are correct - makes no sense

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Post ID: @e8+1jxxrmbwh

@c6 single people have parents too toots. It's not helpful to pit one group against another. Single vs married, people with kids vs no kids. As for suing them, good luck. You don't think they've done this before? Their lawyers have checked their p's and q's 6 ways to Sunday before doing this. I feel for those this is impacting - it' su-ks

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Post ID: @e7+1jxxrmbwh

Single or not, you can't expect individuals to uproot their lives for a job, even if it's legally company CAN do, it's employee harassment at its best.

Time for individuals to come together and sue the sh-t fidelity.

Not surprised if this hits the news with a class action lawsuit

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Post ID: @cz+1jxxrmbwh

Time to sue!

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Post ID: @cy+1jxxrmbwh

I’m 100% convinced it’s an attrition tactic. Makes zero sense otherwise.

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Post ID: @cx+1jxxrmbwh

@c6 UPROOTING YOUR LIFE AS A SINGLE PERSON IS MUCH HARDER, YOU HAVE TO HANDLE EVERYTHING BY YOURSELF. SINGLE PEOPLE GET SC--WED. THINK ABOUT THAT NEXT TIME YOU THINK A SINGLE PERSON HAS IT EASIER, WE ARE JUST SMARTER AND MAKING LIFE DECISIONS.

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Post ID: @cw+1jxxrmbwh

It's better to ride out, play the waiting game, if they try to get rid of you, have an attorney ready with all the documentation on how you have been harassed.

Do not sign the severance until they meet you at your terms, else see them in court.

You gotta show these clowns what you're worth and deserve to be treated right.

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Post ID: @cg+1jxxrmbwh

Fine if you’re single and maybe haven’t a roots when you’re asked to relocate. Big difference when you have a spouse/partner with their own career and/or you’ve got kids, maybe a parent who needs looked after……. I’m sure there’s a statistical number that says if you ask X people to relocate then N% of them will resign saving severance.

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Post ID: @c6+1jxxrmbwh

I saw this coming, when I noticed a guy flipping out while in a zoom meeting with someone (assuming his manager) few weeks back.

Apparently he was asked by his manager to relocate to NC from Westlake (3 months after he relocated from Boston to Westlake).

I am in Westlake and have heard multiple chatter around how the Wealth platform is making lives miserable for associates.

The guy who yelled was asked to take few days leave to “cool off”

I mean how dare you have audacity to ask someone to uproot their lives twice within 6 months ?????

If fido continues this, soon they will be in news for all the wrong reasons.

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Post ID: @a3+1jxxrmbwh

Any management that is asking you to relocate is a crazy overpaid nutjob of a person. Stay away from that management. Their intentions are not in your best interest.

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Post ID: @a2+1jxxrmbwh

Makes 0 sense.

Fidelity HR and leadership has lost it.

Ames and Co. are trying their best to make lives worse for everyone.

FIA is asked to move to Merrimack from Boston

Wealth is asking everyone to relocate to Westlake, NC.

People in NC are asked to relocate to Boston.

Why the fu-k do they have to play musical chairs by asking associates to uproot their lives.

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Post ID: @a1+1jxxrmbwh

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