Thread regarding Fidelity Investments layoffs

Fall Layoffs/Toxic Environment

In all seriousness - my org has heard more rumors of layoffs recently. Anyone hear anything? Freaks me out, Father of three and not sure what I would do. I will concede that the culture is totally toxic in my group and everyone is miserable (grades 5-7, most client facing) but not sure what I’d do if let go. Hope everyone is managing alright.

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Post ID: @OP+1ujQvG1A

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I don’t think anyone is happy at the firm now, I’ve never seen pulse survey scores this low in the time I’ve been at the firm.

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Post ID: @jfph+1ujQvG1A

If you are customer facing you are almost guaranteed to be fine. If not I would worry a little.

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Post ID: @2owl+1ujQvG1A

I think all the groups are really toxic now. Fidelity does layoffs all the time, but usually in smaller numbers than this year. That’s why it doesn’t make the news.

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Post ID: @2iln+1ujQvG1A

When they come for you my comrade rest assured it will be swift , without mercy and without discrimination. Be brave and face it do not run in fear. Best wishes.

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Post ID: @1mgs+1ujQvG1A

When they come for you my comrade just be prepared to face it as there will be no mercy, no one spared. Don't run from it embrace it.

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Post ID: @1aas+1ujQvG1A

Yes, during September, roles are going to be eliminated. I don’t know how many and I do not think it’s going to happen in one day like back in March. It will not be discussed or communicated as layoffs.

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Post ID: @sfi+1ujQvG1A

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