Thread regarding Fidelity Investments layoffs

This place should be more inclusive for the competent

No wonder the best employees are leaving.
Fidelity has become a mediocre place with unhealthy philosophy. Managers are there to encourage mediocre employees and slowly squeeze out those who are experts at their job. It used to be different, but now there seems to be room for everyone except those with knowledge and skills. Why is this happening?

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Post ID: @OP+1gU6pcGD

10 replies (most recent on top)

White males check several boxes at fido, white, check, …. male,check, over 50, check,…rif check.

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Post ID: @9pdz+1gU6pcGD

wow, basically hired to be in photos with the CEO. Sounds like enterprise level pr---------n.

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Post ID: @8kdj+1gU6pcGD

https://www.theonion.com/company-touts-hire-of-3-black-women-who-will-stand-next-1848931162

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Post ID: @7smb+1gU6pcGD

So, if I'm 50 plus white male, I shouldn't bother applying because I wouldn't be considered for job...basically don't check any boxes.

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Post ID: @2sad+1gU6pcGD

I’ve noticed there’s a lot of white privilege at this company where mediocre white people (especially when they are older) seem to retain their jobs despite being useless.

Employee performance review, in my experience, is only partly related to performance and heavily tilted toward likability and sympathy for this group.

As for the company in general being mediocre, yes I’ve noticed that as a relatively new employee. But then again, Fidelity is not an elite company. It's average and most average companies are mediocre. The average IQ in the U.S is 100, and by definition half the population is below average. There’s not too many bright people to go around, and those that exist (and don't work among other cognitive elites) live the misfortune of being evaluated by mo--ns too stupid to realize how smart they are. In fact, a highly accomplished scientific genius made a simple test to gauge another person's intelligence: the other person had to realize he was smarter without knowing his credentials. This sounds arrogant, but consider for a minute the complex analysis needed to correctly evaluate your own intelligence, compare it to another person, and then reach a measured judgement.

Also, let’s consider the top of the pyramid. Abby seems more obsessed about dragging people into a virus infected office than driving the company toward excellence. If the Johnson clan wants to remain at the top of American society, they need to get some high IQ psychopathic type like Steve Jobs into a CEO-adjacent role and start weeding out the garbage.

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Post ID: @2rok+1gU6pcGD

I'm a 50+ white male who took the VBO. There was ZERO pressure on me from Fidelity to take the VBO. I found Fidelity to be very helpful in making the decision...when I got correct answers from the VBO line. LOL, only minor misinformation.

I know people who took the first VBO 4 years ago and some of them were told they could not guarantee their job and the RIF package is not as good as the VBO.

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Post ID: @1ehn+1gU6pcGD

Nobody is being forced out. VBO was taken by lots of 50+ males and females with long prosperous careers. No getting promoted as a white male is becoming harder and harder.

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Post ID: @1ljm+1gU6pcGD

there are some good jobs at Fidelity. minimum stress. but those jobs go to friends and family, a new generation of managers' kids, and a few other categories. phones are for the bottom class

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Post ID: @1vva+1gU6pcGD

are males over 50 being forced out, serious question here? Is that through layoffs? I know the VBO took care of some of that.

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Post ID: @1tch+1gU6pcGD

Your post is re--rded. Yes, managers are being forced to hire inferior D&I candidates, and yes, white males over 50 are being forced out. Nevermind, you're correct.

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Post ID: @1xsd+1gU6pcGD

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