My group in FI, made up of a few teams, has been losing really good associates consistently for a while and recently we started not backfilling. These are client facing associates had huge firms on their books and no backfill to replace the direct... — read more
This place rewards compliance, not results
The ones who push for change burn out or get ignored, while the "yes-men" climb the ladder. Hard work means nothing, it’s all about playing the game. They literally turned me into a bad employee because I figured out what it takes to progress here. I... — read more
Quarterly check in - Does it even matter?
My manager seems to be lost when it comes to QCI. my review happens pretty much half way into next quarter where my manager would simply use any latest incident to highlight “I could have done XYZ” instead of actually focusing on last quarter... — read more
Seems the whole system is against you
I'm going to be honest, not to sound a narcissistic I feel overqualified for my job, which seems evident as my manager also seems to know that. I have done so much work for one person that so many long timers in this firm can barely manage to do... — read more
Diversity as perf metric for people manager
One way to counter those teams or orgs with only one identity is to add diversity as a formal performance metrics for people managers of those teams orgs. If they don't improve on diversity in their team, they'll be punished. If Microsoft can make... — read more
TrackIT Fraud
Noticed there is an "X-X Architecture" epic created on our Jira board. An empty epic with no stories. You can only imagine what's for: the architect assigned to us who does nothing but reverse engineering a few diagrams need to log her time... — read more
Dynamic Weeks
Every other week in office schedule holds! Connect Weeks site and who’s who updated till February. No official announcement yet so I’m not holding my breath.
Its so sad that Fidelity has a script running on this website to downvote posts
Why don't you spend that money on updating your cr-ppy, close to failure systems? I'm aware of engineers who don't keep their money at Fido because they know everything is propped up by bad code developed by an under-skilled H1B1 hired for no... — read more
Underpaid, unappreciated, unrecognized, now unnecessary
For a while since I started here, I single handedly carried a team of bunch of wannabe pretenders who would never turn on their cams, never be in the office, never contribute more than bare minimum. I was put into another team to clean up the mess... — read more
Question
would you rather work somewhere that moves fast but treats you like disposable, or somewhere that invests in you but makes you want to pull your hair out with how slow decisions get made?
fight back with calculated Mediocrity
I used to think being hard working, honest, smart, and caring about Fidelity's growth and prosperity would be a ticket to professional success. That was when I was an ignorant youngin and here is what I learned (I have left the firm since) Take... — read more
Understand that this is all one big game
Your manager is suddenly micro managing, docking bonuses, botching performance reviews? You’re not the only one. Take a look on other websites like Reddit, you’ll see a lot of the same thing happen all across America. This is manufactured by design... — read more
When Leadership feels exclusive
Why does leadership often seem like it’s part of a clique? When the same people are hand-picked, closely aligned, and hanging out, isn’t that a form of favoritism? Could it also reflect insecurity or a lack of real leadership — avoiding broader... — read more
FMR
A common joke was that FMR stood for “Forever Moving Rooms” might need to be updated to “Forever Moving Reps”
Keep the unqualified managers. That’s fine.
When I first joined, the firm had strong, natural leaders—people who led by example, not just by title. But now, with unqualified managers in power struggles, the culture has shifted to 'That’s not my problem.' Simple fixes are being ignored because... — read more
Stuck, underpaid, and over it
No raise. No shot at moving up. So now I'm doing the bare minimum while I hunt for something better. They get what they pay for.
Wealth is going to get hit
Colocation is going to hit wealth. While the executive CIO stays comfortable with their locations, commute it's the level 4 to 7 who is getting impacted due to colocation. I was told this morning my location is being moved to NC from Boston. .. — read more
Clueless as to how managers are selected
My manager skips 1:1 with no warning, has team meetings whenever they are able to “fit it in” their calendar (seriously wtf) and will not respond to emails from the team. Sometimes trade approval takes MULTIPLE DAYS. How are people with no time... — read more
Confirmed cuts in next two quarters
Fidelity to cut ~4k workforce over the course of next two quarters. Majority of these will be up to level 6 and 7 individual contributors. First round of cuts will be announced end of Q3 And next beginning of Q4 to report another year of "record... — read more
Not even mad anymore, just disappointed
Today was it for me. I realized it’s true- no one cares anymore. Where’s the standards of care? Where’s the green line? Does anyone even care what the customers think anymore? Tech issues, website issues, certain department’s service quality... — read more
Fidelity IT: How "Senior Management Visibility" Fuels a Toxic Culture
I’ll address a core driver: the corrosive pursuit of senior management visibility. Key Issues: Visibility Over Value - Delivery of functional systems is secondary to crafting status reports for leadership. - Legacy teams hoard... — read more
Fidelity’s IT Culture: A Decade in Tech, Yet Nothing Prepared Me for This
After 10 years in the IT industry, I joined Fidelity expecting professionalism. Instead, I found the most toxic environment of my career. Here’s my reality: Knowledge Hoarding & Legacy Gatekeeping - Trapped using an ancient "Clueing Manager"... — read more
Hard work and loyalty don’t pay off
I've been here for several years, consistently exceeding goals, mentoring new hires, and taking on extra work. Yet promotions seem more about who you know than what you contribute. Hard work and merit only go so far. If you’re not part of the inner... — read more
Abby doesn’t want layoffs, that’s fine. Demotions would work
So many managers are in their positions because they are dei hires. Keep them, but if they can’t successfully do their jobs, send them to be a manager of a phones team.
DARN, Flatten the Damn Org Already!
It's the start of Q3, had to sit through and waste 2 hours of my time with my boss's quarterly planning "staff meeting". There were only four of us, three frontline managers and my boss. My boss's boss has only two reports, I bet the three person... — read more
Interesting article...
Fidelity Investments Expands Remote Career Opportunities Globally https://share.google/me7RLbepRlsJDEwyn
I know it’s not smart, but is it dangerous?
My manager and I do not get along. I have tried everything I can think of, but it’s not helping. I want to ask to be moved to a different manager. Is this something I can request through hr? I don’t believe things can change with my manager and I’m... — read more
MSFT cutting 4% of employees
Opening the door for others like Fid to follow
We’re surveyed to death, but nothing changes
Last year’s "top concern" is this year’s "we’re working on it." At this point, it’s just corporate performance art.
Is Fidelity jealous?
We had a meeting recently titled “Why Fidelity” and most of the meeting gave the energy of an abuser trying to gaslight you into why their abuse was the best type of abuse. I also noticed that they kept mentioning a lot of their competition in a... — read more
People playing favorites
I was asked to relocate from FL to Boston at my own expense (which I did). I was not given WFH exception when I asked to allow me settle down at new location 🚫 I was not given WFH exception when my car broke down🚫 I had to Uber those days into... — read more
My company, I'll run it (down the ground) how I want
If you heard latest talk from Abby, she really wants people to come "together" literally to brainstorm, a.k.a all teams at one office site. A lot of level 5, 6 is what I have been hearing asked to relocate. A teammate of mine who moved from boston... — read more
People being forced to relocate: Which salary grade are you?
Or what is the lowest salary grade you’ve heard of that is being made to relocate? I have to wonder.
Give us some companies that are like how Fidelity was under Ned
We all talk about how Fidelity was way back when things “were good”. To be honest, Fidelity is still a good company compared to many others. Amidst all the crazy stuff happening under Abby, the company is still very profitable. However, I do... — read more
Should I be worried?
Someone in our team was told their position is moved to NC from Westlake and so they were given last day as end of Aug, unless the move at their own expense. I am based in Boston and we have a new member from another chapter join us. They are based... — read more
How do these even get to management?
Fido is plagued by managers who often act emotionally whenever s*t hits the fan. They have zero emotional intelligence to handle a situation and resort to yelling, bashing their own associates when they themselves aren't sure about their product... — read more
Lateral Arbitration Agreement
Anyone know why they would ask we sign an arbitration agreement after years of being here?
This place is a corporate drone factory
They don’t want thinkers, they want human Excel macros. Nod, comply, and maybe you’ll get a coffee mug at year five.