Thread regarding Fidelity Investments layoffs

Are the layoffs done?

Are they done? Were they just last week? I feel like there’s so much misinformation going around the floor this week. I hate that I’m in the office because it’s a sh-tshow.

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Post ID: @OP+1rvwvSRD

6 replies (most recent on top)

Rumor now is next quarter

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Post ID: @2ofy+1rvwvSRD

most of the associates who earn more than $100K base salary got 6 months of base + prorated bonus as severance package

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Post ID: @ngd+1rvwvSRD

what the severance package they received and is tech employ also layoff ?

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Post ID: @bvv+1rvwvSRD

Two in rpo got layed off today

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Post ID: @kun+1rvwvSRD

They should all be done. If you’re hearing about additional layoffs, it’s because they’re catching up with people who were on PTO or LOA. Additionally, FTS was slow to notify some contingent associates and the vendor contacts were slow to have those conversations.

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Post ID: @rdg+1rvwvSRD

There were more yesterday. Handful of the tech folks I work with were impacted.

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Post ID: @dln+1rvwvSRD

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