Thread regarding Fidelity Investments layoffs

New WI Layoffs

Heard new layoffs in WI now they have gone full agile. 200 plus over the last two weeks or so. Multiple locations.

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You can expect more of this as middle management is let go as Agile/Scrum teams are established. If you are middle manager (i.e. Director or Sr. Manager) you best become a CSM and get assigned a team or become a Chapter lead or Tribe lead. Fido has always been middle and top heavy and as business works closer to developers, they’ll be not much need for middle management.

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