Thread regarding Fidelity Investments layoffs

Fidelity wants to do worse

Abby will not layoff dead weight. We’re top heavy with too many managers who are all on a power trip.

I used to be a professional who wanted to climb the

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Post ID: @OP+1jw66yh8r

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There is too much management - both too many levels and too many positions in each level. Abby could save a huge amount of money with minimal impact by collapsing layers and requiring each manager to have more direct reports.

Managers of individual contributors should also be limited in how long they can stay in one place. Abby has no idea how many managers who have been in their current roles for many years, and even a decade or more, are detrimental to the business.

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Post ID: @aw+1jw66yh8r

True.

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Post ID: @ah+1jw66yh8r

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