I've heard through 4 different sources that more layoffs are coming later this year. I am not certain if there will be a package attached or what sectors will be targeted. I do believe that the technology sector will be among the targeted groups. There is way too much of a CF right now at Fidelity and the culture has shifted to complete sh--.
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Bring in the petting dogs to placate the millennials / snow flakes.
Not all that long ago IT goals were to have a 50/50 split with off shore. It is well beyond that now. That doesn't take into account the H1-Bs that are on shore. Other employees are noticing that most of the people being let go are over 50 years old.
Layoffs are to be expected and ramped up this month. Abby did not make the Forbes top 5. Important to cut cost to boost profits. Top 5 or bust.
I can also confirm layoffs today. I wonder what percentage were over 50?
Yes there were layoffs today. I was one of them.
Now that October is almost here, has anyone heard any more Oct layoff rumors?
I suspect it was intended sarcastically (that’s how i took it)
Not sure anyone who has worked at Fido the last few years would question this, definitely sure that coming on an anonymous site and asking for sources is pretty dumb.
I would be surprised if Tech isn't made to hit their 2019 targets set years ago, but that will require more chainsaw than scalpel.
What sources?
Sure.....