Thread regarding Fidelity Investments layoffs


A lot of these offshoring firms on US Soil are hiring those seasoned & older employees. In terms of Fidelity, there are a lot of folks that had been let go over the past few years and those that participated in the VBO are now working for a lot of those offshoring firms.

I recently got a reference check on a friend and past co-worker that is going to work for one of the well-known firms back at Fidelity. And it seems I am getting upwards of three emails daily from the global recruiters recruiting for them and the firm directly that are now staff on US soil. I am guessing with the cut in H1B visa and client needs there is a big staffing shortage.

Someone has to do the work we all know that those left seem to be picky about what they will do and not do. My downfall I never thought being told you had to do something was optional or you could refuse! Boy, I feel stupid! I had a choice after all this!

As for this topic specifically, I think once a single firm falls to a suit there will many others and I am guessing the financial industry will be hard hit as it seems all the big players are guilty of it.

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Post ID: @OP+11fFD10B

2 replies (most recent on top)

  • TATA India
  • Cognizant
  • Wipro
  • Infosys
  • Accenture
  • Dell
  • Hewlett Packard Enterprise (HPE)
  • Deloitte / Deloitte Consulting (DC)
  • Capgemini
  • Atos
  • Tech Mahindra
Post ID: @6yjx+11fFD10B

This is interesting. I wouldn’t even know where to begin to look into these companies. Can you name a few here to help me out?

Post ID: @leo+11fFD10B

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