My layoff time has come

I’ve been with this company for almost 17 years. I have worked in Merrimack, Covington, and currently in Westlake. I turn 50 later this week and I assume that my time is up. This company acts like they want to recruit people who want to spend their entire career with the company. However, once you get past around 45 years old, you’re stuck wondering whether you make too much or just when Fidelity will decide end your services.

If I’m not laid off this week, I’m sure it’s just a matter of time.

Sure I’ll take your severance check and smile on the way out the door. I might even pass the recent college grad who is taking my job. It’s out of my hands.

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Nothing can be done about it, because in order to accept the retirement package, you had to agree there was no age discrimination. That being said, if they are forcing out top producers (sales), I'm inclined to think it's age discrimination.

Definitely age discrimination. I took the buyout, left in June. Had no intentions of accepting it but my sales manager encouraged me to take it. Have been with the company most of my adult life, a consistent top producer. Was basically told there's no job security and I'd be devastated if I declined the buyout and then got rif'd (hint,hint)? 4 kids, 3 in college and 1 in high school. Not ready to be retired, still in my mid fifties. No allegiance to employees.

Does it matter? What can an individual do about it?

Anyone who has worked at Fidelity recently will see the emphasis on hiring at a lower salary and letting go those at higher salaries. cost cutting or age discrimination?

Thread regarding Fidelity Investments layoffs

My layoff time has come

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