we are hearing more layoffs at 100 fidelity plaza north brunswick location as move out to Islin location in August.. Is that true?
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Fidelity plaza? Pfft. More like INfidelity plaza
AMIRIGHT????????!!!!!!!!!!!!!!
Makes sense in theory, but the new location will all be unassigned so the seating is not 1:1. It'll be more like 200 people sitting in 120 seats.
I don't work for this company but if the new location is smaller will less office space and if people are not allowed to work remotely, then that would mean employee layoffs. Just ask the person in charge of the new location, How big is compared to the current location and that will tell you if there will be more layoffs. Also, see what type of quarterly and second half of the financial earning report guidance the company gives the markets during their earning call for second quarter. That will tell you a lot about the future plans for the company.
Anything is possible