Thread regarding Fidelity Investments layoffs

FI Deathblow Incoming?

In all seriousness, has anyone heard anything about upcoming layoffs to Fidelity Institutional? Either Custody or Clearing? Absolute skeleton crew and service model changes have people speculating layoffs will follow. I hope not. Need the health benefits! Thanks

by
| 1215 views | | 2 replies (last ) | Reply
Post ID: @OP+1k25n996d

2 replies (most recent on top)

@OP AI is taking over. Less humans are needed. The trend will continue.

by
| | Reply
Post ID: @f3+1k25n996d

@OP Is it just me, or is FI always hit hard in layoffs? It feels like they’re not treated as well in layoffs as other BUs.

by
| | Reply
Post ID: @f1+1k25n996d

Post a reply

: