Thread regarding Fidelity Investments layoffs

Latest on layoffs?

Any news on layoffs? There were mentions of another round in February but then all talk of it died down. I'm hoping that means the rumor was debunked as false, but it would be nice to know for sure.

I know we'll be seeing more layoffs in 2019, but February seems somewhat too soon, in my opinion.

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Post ID: @WRFTdlX

6 replies (most recent on top)

@25rpf...Which group? PI WPS or FI?

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Post ID: @WRFTdlX-26hrc

Few layoffs in Mmk and Boston today. I personally know some of them. Not sure of the extent

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Post ID: @WRFTdlX-25lla

Today

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Post ID: @WRFTdlX-25rpf

http://lmgtfy.com/?q=https%3A%2F%2Fwww.google.com%2Falerts

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Post ID: @WRFTdlX-2szp

How does one set up Google alerts for layoff notifications? Thanks.

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Post ID: @WRFTdlX-2idr

For phone people, it’s usually after tax season is over and before, roughly, July (management taking time off, fancy sessions going nowhere, etc...). February layoffs are possible for specialized groups, what L&D used to be, like ATP or similar groups using up all the resources and not contributing any, and so on. Also keep an eye on that email from the Johnsons about performance of the company. That may indicate changes in management, i.e. lots of promoted interim managers as cost-saving feature (working higher level job for less money - they usually try to honor requests for reduction in number of full-time associates this way). Also, in most cases, layoffs are cleared in advance with state agencies, so it is public record, and by setting up Google alerts, you could have that info in advance. Okay, I’m done.

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Post ID: @WRFTdlX-2wvo

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