Thread regarding Fidelity Investments layoffs

No V B O Email

It’s March and no V B O email.

Get back to work, you lazy bones!!!!!

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Post ID: @OP+1jnedy947

15 replies (most recent on top)

There is no VBO, stop abusing this site children.

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Post ID: @fa+1jnedy947

March 10th?

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Post ID: @f1+1jnedy947

These boomers are salivating for a VBO

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Post ID: @dt+1jnedy947

Good information, so layoffs and possibly vbo's this week and next?

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Post ID: @dn+1jnedy947

VBO is 100% happening. Don’t ask me how I know, but 100% people that meet the requirements are getting offers.

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Post ID: @c5+1jnedy947

It's always the first Tuesday of the month for some reason.

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Post ID: @br+1jnedy947

3/9/21 my Independence Day! Trying to keep a straight face on a team call as the invite hit my inbox! Good times - took the money and ran! No regrets whatsoever - I hope it happens for those not ready to take the deal last time.

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Post ID: @bp+1jnedy947

What group was affected?

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Post ID: @bf+1jnedy947

I don't want the VBO, better deal is to keep collecting checks.

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Post ID: @be+1jnedy947

@b2+1jnedy947 that is not true unless you layoff people that would qualify for the VBO. And even then those laid off people who would have qualified can still get the VBO.

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Post ID: @b8+1jnedy947

If there are layoffs happening there won’t be any VBO. Legally you can’t do both. You could do VBO then layoffs but not the other way around.

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Post ID: @b2+1jnedy947

6 of my teammates, myself included got the boot this morning.
I thought it was one of those "silent" shenanigans but guess not

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Post ID: @am+1jnedy947

It'll be a bloodbath

Lots of restructuring have made some areas / teams redundant.

The impacted individuals have started receiving communication from HR and managers.

I knew this is when an HR joined the conversation for a time that was supposed to be a 1-1 with my manager to talk about goals.

Needless to say I hate how my manager kept freaking lying to my face.

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Post ID: @ak+1jnedy947

Coming March 10th with meetings later that week

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Post ID: @ah+1jnedy947

Last one was announced on March 9, 2021.

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Post ID: @a3+1jnedy947

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