Thread regarding Fidelity Investments layoffs

Sounds like Enterprise Technology impacted by lay-offs today.

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Post ID: @OP+1jqc53t81

18 replies (most recent on top)

If it's true, it would be a blessing. Tammy Gilbert is an awful "leader" - creates toxicity, rules by fear.

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Post ID: @161+1jqc53t81

Is 700 from this year or last?

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Post ID: @122+1jqc53t81

So far the cuts around me are all good ones: L7 and above, zero effect on team outputs.

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Post ID: @dh+1jqc53t81

WI, PI, FI which business units were/are affected?

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Post ID: @bm+1jqc53t81

I heard the number is 700.

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Post ID: @bk+1jqc53t81

Yup, I knew this was coming. I over heard two separate squad leads talking about their new teams. It is always the useless managers and squad leads who get off scot free while the ICs who actually do the work get churned out.

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Post ID: @bj+1jqc53t81

Level 8 individual contributor, most likely an architect

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Post ID: @b7+1jqc53t81

What's L8 IC for those don't know?

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Post ID: @b4+1jqc53t81

ET, L8 IC, separation date is April 30th.

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Post ID: @b2+1jqc53t81

Next on list are devs at L4 and 5 and some L6.
PI, Wealth, Brokerage is next.

Calls already in place for end of April to communicate the usual cr-p:
"have empathy about your peers as we navigate this tough period, these are some of the smartest folks I've known"

Burn in he-l Roger

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Post ID: @ae+1jqc53t81

Boston devops team got hit big I heard not #1 anymore.

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Post ID: @ac+1jqc53t81

Agile roles, CTG got hit this week

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Post ID: @ab+1jqc53t81

NO LAYOFFS IN ET!!!!!!!

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Post ID: @a9+1jqc53t81

Not lies. I know of SMs and Coaches and was told more than just agile roles are affected. CTG is an affected space.

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Post ID: @a7+1jqc53t81

Lies

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Post ID: @a6+1jqc53t81

Agile roles, for sure.

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Post ID: @a5+1jqc53t81

What??..i heard other BUs will start soon

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Post ID: @a4+1jqc53t81

Any specific groups? Engineering? Agile roles?

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Post ID: @a1+1jqc53t81

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