Thread regarding Fidelity Investments layoffs

Anyone ask for a buyout lately?

For those with a decent tenure and age is there an option to request a buyout? If so any details on what to shoot for?

by
| 1782 views | | 5 replies (last ) | Reply
Post ID: @OP+1jvx7rgyw

5 replies (most recent on top)

If you are 55+ you should be able to get on the long term health care.

by
| | Reply
Post ID: @4p3+1jvx7rgyw

Not a question about the prior company VBOs. It is directed at folks looking at a negotiated departure.

by
| | Reply
Post ID: @d2+1jvx7rgyw

Vbo was never a given - the first time it was offered it was stated it may not be offered again. That also happened when it was offered in 2021. It was never a given despite the hoped, dreams, and expectations of those waiting for a third

by
| | Reply
Post ID: @cp+1jvx7rgyw

Exactly, I will keep collecting checks till a VBO is offered.

by
| | Reply
Post ID: @ch+1jvx7rgyw

You don't ask for a buy-out. Fidelity set a precedence and then sc--wed the tenured employees. VBO- 2017, VBO- 2021, VBO- yes it should have been 2025 but was not offered.

The only compensation on the way out is through a layoff, VBO or retirement.
Retirement - One month pay for every FIVE years of service. SICKENING.
The tenured people won't leave since the VBO wasn't offered. They will sit in their seats and the manager will do nothing and the paychecks will still keep coming. So, Fidelity will be the ones sc--wed in the end but that is what they get for not listening to the employees.

by
| | Reply
Post ID: @c9+1jvx7rgyw

Post a reply

: