Thread regarding Fidelity Investments layoffs

Fidelity went woke

You go woke and then go broke? Isn’t that Abby’s biggest fear of hearing from clients? Those digitally affluent segment of clients knowing the deep dark secrets of targeting DEI because that’s what the next generation wants to hear. That those with real money start to sour against the brand because marketing way overreached. All it takes is a few lawsuits by those that were truly discriminated against to highlight how dishonest, discriminating and disingenuous the company culture truly is. If you think the Fido elites care about the disabled or those that lack executive presence you would be dead wrong. You don’t want to disenfranchise the real money, that’s all they care about.

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Post ID: @OP+1qW58qA2

7 replies (most recent on top)

@1cvz+1qW58qA2

I have proof. I know a black female who used to work at Fido. She received a non-solicited phone call from Fido with a job offer that she never even applied for. IT IS REAL and it is happening.

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Post ID: @8wkr+1qW58qA2

The bell curve only applies to bonuses not promotions, if you know, you know. Once you start landing shares in F-prime and using those zero interest loans, you just play the game. It’s not a woke agenda, but the discrimination was rampant against men, trans and the disabled until Fido got sued. Isn’t it why Jo Jo got canned?

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Post ID: @2qpj+1qW58qA2

Bell Curve... Read up... Explains a lot...

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Post ID: @1cpd+1qW58qA2

Define woke, and provide proof. Last time i checked there’s barely any people of color or black people in upper management. Don’t blame your inadequacies on other people or maybe you’re just too old to do your job efficiently now.

What an ignorant take.

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Post ID: @1cvz+1qW58qA2

I can tell you that the wokeness at Fido is very real.

I know so many details. It's really unbelievable.

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Post ID: @1cjx+1qW58qA2

Abby’s woke agenda is a real thing. The last post VBO promotion round were the most discriminatory I have ever seen. Did you see one disabled person promoted? Nope not one… it was women and people of color, others did not qualify. These people are now running the business, taking speaking tours and selfies rather than managing your money.

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Post ID: @tnr+1qW58qA2

agreed @OP+1qW58qA2
it is now ...
always was ...
and ever shall be ...
all about the assets under management metric.

ANYTHING that could decrease the metric will go away and I totally get that it makes perfect sense and really takes all the political stuff off the table nicely.

I provided technical support directly to clients who needed it for years in one of the roles at FIDO in support of this metric. Problems raised by high net worth clients ALWAYS took priority over anything else. This was much to the chagrin of a micro-manager I reported to for a bit who wanted to set priority for ___everything___ our team did. Boy that was fun to watch !!!

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Post ID: @xob+1qW58qA2

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