Thread regarding Fidelity Investments layoffs

A good interview with the CEO

Ran across this interview online and I found it to be a good read. The CEO and the chief of the Personal Investment Unit discuss the current situation at the company and the plans for the future. For those who are interested in this, the interview is in the link below

https://www.investmentnews.com/article/20181119/FREE/181119920/qa-with-abigail-johnson-and-kathleen-murphy-of-fidelity-investments

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Post ID: @Wi6C89U

3 replies (most recent on top)

“We design things for millennials and then calibrate to older people.”

Sure, Jan.

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Post ID: @Wi6C89U-4hpx

Reading this must make all of the older white men who have been kicked to the curb feel great.

BM: When you said about half of Fidelity's new hires in branches are women, was that a goal that was set out?

KM: It's not a quota. What we wanted to do was increase diversity in general in our branches

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Post ID: @Wi6C89U-2cfi

Well, Just remember when you hear anything about Abby Johnson, she is an ovarian lottery winner. No special talent required, just get the correct numbers to be born to the correct family. Most anyone with that lottery ticket could make their life a success in a big way. Good luck.

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Post ID: @Wi6C89U-2kyk

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