Thread regarding Fidelity Investments layoffs

Voluntary Separation - Dec 31st?

Is it accurate that employees non-compliant with the RTO - Two Weeks/Month were “voluntarily separating” as of this date? In the news but haven’t heard much about it either way.

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Post ID: @OP+1jgfjf3gm

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yes, I know a few people that had to leave. high performers with years of experience here.

this soft layoff thing (I'm assuming that's what it is) is really sad.

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Post ID: @h2+1jgfjf3gm

Beyond the obvious capital expenditure of the leases etc. to Fidelity it really does not make sense on why Fidelity is pursuing this hardline of work in the office mandate. I am compliant and that is fine but production does suffer vs at home where systems are set up properly, zero distractions and able to capitalize on the extra time of when not commuting.
My experience of work in the office is as follows: initially having to find a desk in which all technology (wastes 45 minutes of starts and restarts) is working and then hoping no one takes that desk during your connect week to start that process all over again- so that wastes valuable production time, then dealing with all the excess noise of multiple people around you talking (how unprofessional does that sound to clients) & idle chit chat from others usually complaining about work in the office challenges. The commute time is a production ki-ler as well as that is time could be handling more clients but hey- we're building culture. Most of these positions in the centers are not collaborating type jobs where everyone is sitting around a conference table - white boarding ideas on say a marketing campaign. You're doing the same job you do in the quiet of your own home now in a noisy & technology challenged environment. It also makes it tough to compete with employees that are given an exception of working fully remote as by the above mentioned production deterrents in office employees face. I personally feel it should be voluntary option as I do realize there are some employees that crave in office- possibly they do have a more distracting environment at home or limited space- the other possibility is they feel isolated at home and this is their social experience. At the end of the day each person needs to decide if this situation is tolerable or find a company that is more progressive and has more remote options. I would just like to see senior management face the challenges that I mentioned when going in the office and see if they still think it's a great idea. I'm sure executive leadership is not having to desk hop and hope for the best each day.

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Post ID: @dm+1jgfjf3gm

terminating reps for attendance while still posting jobs in RCS is at least on brand for the hypocrites in Fidelity management and leadership

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Post ID: @dj+1jgfjf3gm

Ummmm why do you blame HR. It’s Abby that makes this decision. You work for her, not them

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Post ID: @cm+1jgfjf3gm

HR at Fidelity is the Ge----o and they are enforcing a mandate for employees to come into the office for two weeks or more—no exceptions. If you don’t comply, you’re essentially out. The problem? Their approach is passive-aggressive and lacking clear communication. That's the foundation for HR at Fidelity. Key questions, like whether PTO is allowed during these “connect weeks,” remain unanswered.

The reality is becoming clearer: remote work is on the decline. Statistics from LinkedIn and other reliable sources show that major corporations are increasingly pulling employees back into the office, signaling a significant shift away from flexible work arrangements. Fidelity’s push is just one example of this broader trend!

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Post ID: @bf+1jgfjf3gm

Yes, I know of two people that "voluntarily separated" today because they weren't willing to commute to the call center in order to swipe their badge and get their perfect attendance score for 2024

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Post ID: @a5+1jgfjf3gm

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