Thread regarding Fidelity Investments layoffs

DOL Investigation

DOL is investigating Fidelity Investments for hiring foreign nationals and paying them below the prevailing wage. In addition. the firm's green card process is under investigation for displacement of US workers. If you are a foreign national under Fidelity's sponsorship, take necessary action before you get deported. You should find another employer/sponsor as soon as possible.

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Post ID: @OP+1jy6hhtmk

12 replies (most recent on top)

Fidelity hates their employees.

Making them subservient to supremacist aliens is cruel and unusual punishment.

Caste and discriminatory practices that come with it are unAmerican and a violation of civil protections.

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Post ID: @15j+1jy6hhtmk

h1b holders as managers in the US interviewing US citizens to determine if they are qualified? conflict of interest? hmm

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Post ID: @14z+1jy6hhtmk

Plenty of jobs left for a pea-sized brain. Go work in one of the great factories being brought back onshore.

https://www.congress.gov/congressional-record/congressional-record-index/106th-congress/2nd-session/american-competitiveness-and-workforce-improvement-act/239934

Hopefully this money won't get used to fill in the big beautiful deficit. I heard job corps is getting eliminated. That would have been helpful for your pea brain to get to maturity.

Or you can try harder to think criticaly instead of lazily pointing fingers at immigrants.

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Post ID: @x9+1jy6hhtmk

"the visa fee is earmarked for job training for citizens." LOL
@w4+1jy6hhtmk you must be a so-called H1-b advocate. For my pea-sized brain, I only need you to explain to me why there are so many tech teams in Fidelity that's 100% H1-b (or used-to-be H1-b)? You think I'll be content with the "earmarked job training" v.s. a real job opportunity?

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Post ID: @w5+1jy6hhtmk

The incompetence of Fidelity's immigration lawyers may be grounds for DOL investigation. Apple got slapped for only advertising green card seeker's positions in their kitchen.

The nepotism practiced by Fidelity's hiring managers may be grounds for DOL investigation. Again, for green card seeker's positions they must solicit applicants from the open and prove they can't find qualified citizen candidates. I'm sure this is where the letter of the law are violated.

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Post ID: @w4+1jy6hhtmk

Fidelity doesn't pay its h1b lower than prevailing wages. You guys have no idea what you are taling about and are just echoing the anti-inmkgrant rhetoric of current times. On top of that there is quite a lot of administrative cost to hire and maintain those that are on visa. If any of you actually managed a large team of associates of diverse backgrounds, you would not be spreading any of this vitriol. DOL may be able to get fidelity on some issues, but it won't be this. Facts just don't line up.
Also - American workers are compensated for h1b hiring. the visa fee is earmarked for job training for citizens. Vast majority of h1b dont immigrate. They won't get back their SS/Medicare contribution either.

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Post ID: @vy+1jy6hhtmk

I don't believe Fidelity is stupid enough to pay H1B lower than the law required "prevailing wage", but H1-B's maybe relatively underpaid than their citizen counterparts. Is that practice a violation of any law?

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Post ID: @qh+1jy6hhtmk

It takes a modern day Norma Rae to initiate a DOL investigation. OP's trolling is sad and no difference to je-king off the wall.

H1-b overrepresentation at Fidelity is indeed a problem and is risky to the firm on both fronts: if H1-b's are underpaid, it violates H1-b law's prevailing wage requirements. If H1-b's are overpaid like the commenter below (H1-b hiring overseas H1-b rather than local Americans), it violates Fidelity's own diversity policy.

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Post ID: @fd+1jy6hhtmk

Untrue story! I was hired from India and i am earning far more than my colleagues

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Post ID: @er+1jy6hhtmk

It's been awhile.

But. I used to have access to top level ee details.

I know for a fact that FIDO is an abuser, and internal Fidelity ee's are sick of it. All the normal abusive ways to violate the law are definitely done at Fidelity.

Any real investigation, if true, would definitely have willing employees that would happily testify against Fidelity.

American citizens should be compensated for damages (job loss, lack of promotion, job discrimination).

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Post ID: @ax+1jy6hhtmk

I'll believe it when I see it

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Post ID: @an+1jy6hhtmk

Link?

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Post ID: @a4+1jy6hhtmk

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