Thread regarding Fidelity Investments layoffs

Master layoff thread (Tuesday 7/11/2017)

Post today's layoff updates here!

by
| 10770 views | | 20 replies (last ) | Reply
Post ID: @OP+OdPhTBA

20 replies (most recent on top)

5 in SLC ER

by
| | Reply
Post ID: @1xdi+OdPhTBA

Can anyone confirm layoffs in Smithfield?

by
| | Reply
Post ID: @1fxw+OdPhTBA

My Update:

Location: Salt Lake City

Numbers: 9 people

Date: Today 7/11/2017

Positions: PRA, PAS, RRM, Directors, SPS, Executive Secretary

by
| | Reply
Post ID: @obr+OdPhTBA

WLK: to my knowledge

2 SVC HD

1 HNW HD

1 ISG manager

2 PI managers

Def more to come

by
| | Reply
Post ID: @cwj+OdPhTBA

To the best of my knowledge in Covington:

OBTG approximately 15

ISR HD 2

RSR 3

RRM 3

by
| | Reply
Post ID: @qvu+OdPhTBA

COV:

  • RSR = 4

  • PAS service = 1

  • 401k Guidance = lots (if rumors are true) no good numbers

This is not a complete list.

by
| | Reply
Post ID: @tvn+OdPhTBA

MMK:

• Trade Dispute/Support = Entire team gone = 5 or 6 associates

• L&D = 3 Trainers

• SPS = 5

• ATS = 3

• ISR HD = 1

• RSR = 1

That’s all for now that I’m aware of.

by
| | Reply
Post ID: @idi+OdPhTBA

We'll have to wait for numbers - I'd like to ask folks who are posting updates to be as detailed as possible:

  • Location

  • Groups Affected

  • Levels / Position

  • Counts per group, per level, per location

by
| | Reply
Post ID: @beo+OdPhTBA

15 in CKSI (PI) Mostly SMT

by
| | Reply
Post ID: @rpu+OdPhTBA

Can we get a running total here? I'm in rsr and have only seen an rrm laid off.

by
| | Reply
Post ID: @uuk+OdPhTBA

Denver 13 people total. L&D had a couple, trade support and 1 other. No RRM, RSR CMR etc were affected

by
| | Reply
Post ID: @sbn+OdPhTBA

Anything new? For SLC I've heard PAS, RRM, ISR, Trade support, & PRA. No word on numbers

by
| | Reply
Post ID: @tdc+OdPhTBA

One RRM effected in WLK. No G1, G2, RSR or other RRMs effected in WLK.

by
| | Reply
Post ID: @jip+OdPhTBA

All of the managers in Denver are meeting at 11. Layoffs won't start until the soonest, 11:30am.

by
| | Reply
Post ID: @qii+OdPhTBA

2 ISR hd, most of trade support, and few CP reps, some L & d, total 20 people in Jax. At this point all have been communicated today in jax

by
| | Reply
Post ID: @rfl+OdPhTBA

Anyone know if it affecting Brokerage Ops or back office roles?

by
| | Reply
Post ID: @myy+OdPhTBA

MMK

  • All of Trade Dispute

  • A bunch of RSRs

  • Crap show in L&D

  • SPS

  • More coming

by
| | Reply
Post ID: @jkk+OdPhTBA

People are getting walked out at westlake. RRM and ER it looks like

by
| | Reply
Post ID: @aid+OdPhTBA

ISR HD rolled back to ISR phones, rocky mtn region.

by
| | Reply
Post ID: @kww+OdPhTBA

Several reports of PAS/RRM Service Reps (JAX) layoffs -

by
| | Reply
Post ID: @bmj+OdPhTBA

Post a reply

: