Thread regarding Fidelity Investments layoffs

What’s going on?

Any news on the layoffs?

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Post ID: @OP+1jsewhc1q

6 replies (most recent on top)

Does anyone know if there were any layoffs? I still can't believe they didn't give you guys the VBO. I took the first one, but know people that were waiting for this one, what a disappointment.

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Post ID: @16q+1jsewhc1q

It could just be a fear strategy? HR is going gang busters on inexperienced and unqualified managers. They then take it out on their teams.

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Post ID: @fr+1jsewhc1q

Guess some of us are entitled for few more weeks of paycheck.

Since the "dip in market" was supposed to be the driving force, which somehow got leaked.

Now they are looking for another reason, waiting for the right time to announce, taking employees by surprise is the Fido way.

One day you're the star contributor, next day you're just a statistic who got booted

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Post ID: @as+1jsewhc1q

This fits the fafo culture of the company

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Post ID: @am+1jsewhc1q

Since their secret got leaked for today and it won’t come as a completely depressing shock to people, they probably postponed it so they can get as much negative emotional bang for their buck. Seems to be the only goal of upper mngt these days.

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Post ID: @ab+1jsewhc1q

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