Thread regarding Fidelity Investments layoffs

10% natural attrition with RTO?

That’s what they’re shooting for likely, then why further reduction needed?


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Post ID: @OP+1kqjkcp9c

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@a8 best post on this forum

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Post ID: @cy+1kqjkcp9c

@a8 movers and shakers sent me

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Post ID: @b6+1kqjkcp9c

"Movers and shakers"?!?! Careful, your old age and ancient out of touch bs is showing...

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Post ID: @aa+1kqjkcp9c

@a1 Fidelity hired a LOT of entitled snowflakes during and after the pandemic. Many of them post here about how they’re going to get a job with a fat Boston salary, the big 401K bonus, etc while “working” at home.

They’re going to be in for a rude awakening when they discover that the world has moved on. The movers and shakers are in the office. Nobody in finance wants a “working” from home angry snowflake. Don’t believe me? Go talk to folks at Schwab, TIAA, Merrill, Morgan Stanley, JPM, etc.

They all ended remote “working” years ago.

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Post ID: @a8+1kqjkcp9c

Yes believe the media. Good call!!!!

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Post ID: @a3+1kqjkcp9c

Well I found this on a Boston news site
“ Fidelity currently requires employees to be in the office for two full weeks out of every four, or 10 days per month.

An exception will be made for employees in customer support roles, who will continue reporting to the office one week out of every four.

The company also says it plans to continue hiring across its regions.

“Fidelity is continuously evolving its ways of working and physical footprint, including plans to continue hiring and increase capacity across our regions to ensure we provide the best products and services for our customers,” the spokesperson added.”

So why are we panicking? It seems to have morphed from being upset we need to go into an office full time just as gasoline is ridiculous too nice insult to injury but it seems to me speculation or scare tactics about RIF .

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Post ID: @a1+1kqjkcp9c

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