They took away our precovid lives where we had fun going into the office we had colleagues to associate with and life was normal. They forced us home locked us in and then wonder why we’re adverse to going in after we have proven we are extremely... — read more
Are you really serious with all this whining?
No matter what is the motivation for a firm to announce RTO mandate, is it any worse than HAVING NO JOB AT ALL??? In this current age of AI where everything is automated, consider yourself lucky to have a job in a firm who invests so much in your... — read more
Good luck next week if you're hoping to stay
I'm not. I've been too chicken to quit on my own, so if they do it for me, and I get severance, even better.
RIF started
People are getting informed now if their role has been eliminated. 5/5 will be official announcement.
10% natural attrition with RTO?
That’s what they’re shooting for likely, then why further reduction needed?
RIF 5/7
Enterprise wide RIF happening on Thursday FTEs will be notified by noon Contractors will be notified after noon
People managers, you all okay?
Just checking in on you all. My leadership, that is typically very "real" in meetings totally stuck to the script for this announcement. Later on someone let slip leaders weren't even supposed to share they were provided talking points. What is... — read more
Not kidding
But I’m honestly feeling like the Great Recession part two The fuel costs for offices will be severe as for drivers unless something changes pronto. But I feel uneasy on all the posts on here.
Anyone Tracking Resignations?
Some folks said the resignations are already starting to show on LinkedIn. One was confirmed yesterday, but I didn’t see who it was since it was on someone’s phone. Does anyone have a list or a post of those who have resigned, or has anyone seen... — read more
FAS is hiring
As many are commenting about lay-off's, FAS is hiring! Of course, FAS is easy money for Fidelity. Quarterly income for simply picking mutual funds. Pretty much a rip off for the actual investing part- as long as clients realize they are really paying... — read more
How are they gonna fit everyone into the office with full rto?
Do they even have enough space for everybody at some of these locations? I won't be surprised if they perform a big layoff before or slightly after the rto date.
Reorg
My original post was deleted so I’ll filter this one. What counts as a reorg for a layoff? Half of my group is moving to another manager, but not a BU. The head of my department is losing half of their downloaded. Am I at risk?
travel and meeting cancellations
... are a sign of impending RIF. Anyone seeing meetings or L3 travel abruptly cancelled?
RTO = attrition tactic
Always has been. Now with a side of gas price misery.
Questions about announcement rto
Is India affected by any of the RTO mandates? How are they handling for Boston or NH staff the situation in the office? Will these folks not have assigned seats or are they at least dropping that id--tic practice.
Leadership Fantasy Draft
Like the title says. The current crop is useless. We all love to complain. So who would you want to be leading various businesses and tech? Either internal or external. For internal use the current internal role instead of their names. IDK what this... — read more
RIF coming to go back to headcount 65~70K
Over hiring in past 5 years AI is coming Space is limited 100% in office is coming RIF coming to go back to headcount 65~70K
boston devops
someone is troling and we need to know if boston devops teams is really affected by wfh or mandate
boston dev ops RIF?
in all the chaos today there are now rumblings that with RTO impacting the campus, boston dev ops is first on the block
Why
Why are we letting leadership make unilateral decisions without pushback? The push for full-time office work feels unreasonable and out of touch with what many of us actually need to do our jobs well. It seems like a culture of fear has been created... — read more
Can't Focus with the news.
Did anyone else just basically shut down mentally with the news today? Really struggling and doomscrolling. This is going to su-k. Did any work get done today or did we all just fall into a mental void.
“They make you go into office more at Vanguard”
Back in 2023 at an FI all hands in SMT, one of the heads of the BU said “Vanguard makes you come in 3 times a day, we’re MUCH better than them”. Roger Stiles also said in the end of 2022 that the approach for one week in office was fair. I wonder if... — read more
Onsite full time in September
Email from the highest level few min ago
Mid-life crisis
Thanks to shares and bonus, my Box 5 comp went up over 50% last year. Yet, I still want to escape. wtf is wrong with me? Am I a spoiled little sh-t or what? My CL says the job market is bad right now. I've been at Fidelity a long time and feel... — read more
Boycott FLIK
Let’s all boycott FLIK - why are we coming here more to line their pockets! Pack a lunch. Let’s all get on board.
So layoffs will stretch on for weeks?
That's what everyone seems to agree on. Good thing I don't care enough to be stressed about it.
What are they doing with contractors
Many of us have contracts with no office requirement and I think if they force us in it could be a miscalculation in some states especially in MA.
If there are layoffs, just do it already
The company culture is in the toilet and it doesn’t seem like it can be fixed, there are too many unqualified people in too many roles because Abby was too terrified to lay anyone off during the pandemic. It’s annoying to not know what is going to... — read more
Setting boundaries
Going forward... 8 hours a day. max uninstalling BYOD if asked to travel the answer is No save your pizza parties and team building. if i'm not working, i'm going home not good enough? bring on the PIP. Will gladly take it and the package... — read more
I might have just saved somebody's job
I quit. I got a comparable offer and I just wanted out. My only regret about leaving Fidelity is that I can only quit once. I'd do it every week if I could. Every day. That's how much I've grown to hate this place. I just hope somebody in my team... — read more
Any Impact to India ?
Any Impact to India ?