Thread regarding Fidelity Investments layoffs

VBO Final Document

This final agreement is difficult to read. I feel like I need to hire a lawyer go thru it. Is everyone just signing it? Is there anything in this document to be concerned about?

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Post ID: @OP+1aCfm4mp

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I read it through. 2 things stand out to all those taking the VBO.

  1. Do NOT try and take anything like customer lists or other documents that Fidelity considers to be it's intellectual property when you leave on June 30th.
  1. No matter what you do in your next job or retirement, just DON'T poach any employees or customers away from Fidelity companies.

Otherwise it seems you are free to go work anywhere you want (unless you have a non compete in place already), collect unemployment if your state lets you or just retire!

Post ID: @xflj+1aCfm4mp

With the prior VBO, the document was weighty as well. I read it but also hired a lawyer to review. I'd recommend it since there's a huge amount of money at stake.

Post ID: @1ztz+1aCfm4mp

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