Thread regarding Fidelity Investments layoffs

June, Friday the 13th horror?

Rumor has it next cuts would be announced around mid June?

Brokerage, Wealth, WI on chopping block after enterprise got hit earlier this year?

Can someone confirm?

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Post ID: @OP+1jwf8a016

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The RIF in enterprise tech in March was just appetizers. Those cuts around me were the apparent ones which rewuire no careful studies. I bet more are coming.

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Post ID: @ac+1jwf8a016

I do not think there will be a big bang RIF across BUs, but perhaps smaller bites with moving locations (plenty of posts here on that) and reallocation among budgeted positions from one job type to another (coaches, sm being dropped), no need to give states heads up on 'reductions' so net reduction of 500-1,000. Meh for most outside of WM.

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Post ID: @aa+1jwf8a016

Big things brewing in enterprise tech, cloud, CTG, EI! To fuel this growth, we're phasing out our oldest, least efficient resource: Grade 8/9 managers. Turns out 'fossil fuels' were holding us back after all. Who knew? Pack your tiny arms, dinosaurs

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Post ID: @a2+1jwf8a016

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