Thread regarding Fidelity Investments layoffs

For those laid off.. what are the terms of separation?

I saw on Glassdoor a squad leader was asked to either relocate or resign- but would be offered severance.

From those who remember the terms of the March RIF- what’s a typical severance package like?

Does it vary by grade? Tenure?

by
| 1887 views | | 9 replies (last ) | Reply
Post ID: @OP+1uIQrqWT

9 replies (most recent on top)

A few months salary, some worthless (scam) job search/resume building service.

No prorated bonus or profit sharing.

by
| | Reply
Post ID: @dlss+1uIQrqWT

lead with empathy - how very HR to say

by
| | Reply
Post ID: @odq+1uIQrqWT

The terms of my separation was written on a nunya contract basis.

by
| | Reply
Post ID: @osj+1uIQrqWT

Most of us understand that our jobs are not safe. No one in the past has had empathy for those laid off. It’s just something we all know will happen to us, at this firm. It is relevant to everyone so we can prepare.

Don’t be snowflakes.

by
| | Reply
Post ID: @pmq+1uIQrqWT

And if you’re going to ask a question addressed to those laid off, you might want to lead with empathy and say you’re sorry that happened to them.

by
| | Reply
Post ID: @syl+1uIQrqWT

Because what any person received is their personal business.

Other questions asked on here like, “does anyone know anything about a potential VBO” aren’t personal.

by
| | Reply
Post ID: @xdh+1uIQrqWT

Why would anyone visiting a site called the layoff say “it’s not anyone’s business” Hypocritical.

by
| | Reply
Post ID: @zzx+1uIQrqWT

Previously it was 2 weeks paid for one year worked.

by
| | Reply
Post ID: @mzf+1uIQrqWT

It’s not our business to know what anyone got. That said, from all indications it is generous. I’ve heard 6 months from multiple reliable sources, and I heard a year from one unreliable source.

by
| | Reply
Post ID: @wpy+1uIQrqWT

Post a reply

: