Thread regarding Fidelity Investments layoffs

Voluntary Buyouts

TIAA just announced:

https://www.pionline.com/money-management/tiaa-nuveen-expect-low-takeup-buyouts

Anyone here anything for Fidelity?

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| 4270 views | | 8 replies (last )
Post ID: @OP+15aSQAyv

8 replies (most recent on top)

It's in play - if eligible, people will hear about it on Tuesday. I don't know what the strategy is...we are most like going to loose lot of good people. Thanks Kathy for hiring a ton of new phone reps. Now every unit is under pressure. Epitome of short term thinking and strategy. Reactive as always.

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Post ID: @4Bzqr+15aSQAyv

I’m hearing from many sources VBO 2021 is real and will be announced this week.

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Post ID: @4Bjgd+15aSQAyv

Heard today VBO in play this spring.

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Post ID: @4qbbg+15aSQAyv

Highly doubt it. They had too many and unexpected takers in the last buyout. They lost a lot of institutional knowledge and trying to rebuild through hiring. 99% sure of this.

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Post ID: @1zrle+15aSQAyv

Fidelity is targeting Tiaa reps as we expand our branches and phones. Fidelity is hiring and taking advantage of other financial companies downturns in an aggressive way. It’s great to work for a private company.

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Post ID: @17hda+15aSQAyv

I was wondering the same. Does anyone know anything? Please speak up!

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Post ID: @2wna+15aSQAyv

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