#layoffrumor

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No impact to my group

We have temp employees, managers are still frequently traveling, we are hiring.

It’s highly unlikely there will be layoffs in my BU. We also still have OT. The entire company is not at risk. Maybe 5%, but there’s no real indication there will be a massive layoff.

Everyone please sleep tonight. Layoffs do happen annually, but it’s usually something you can see coming, if there will be impact to your group.


Take a breath

I know we're all scared, I am too, but don't take what you read on an anonymous forum at face value.
There is no firm proof. Saying "I'm a people manager" anonymously is like saying "my uncle works for Microsoft" on Xbox live.
Fact of the matter is, if you are on a list whether it exists or not, there is nothing you can do about that until it is communicated to you allegedly in 2 days.
If you want to plan for the worst, great, not a bad idea to have a backup plan regardless of a RIF. Please don't let anonymous Internet posters scare you into getting sick over a possibility. Take a breath.


Rumors of IPs being laid off?

Is there any truth to the rumor that people who received inconsistent performance rating last year due to not following in-office adherence will be laid off? I am on a very small team and I believe I am the only one on my team who got an IP so I’m freaking out. My role is a grade level 3 phone role.


Layoffs end of month

My understanding is there will be another round of layoffs end of this month with the end date being middle of June. It is possible it slightly gets pushed back but from what I’m hearing they want the list locked and announced end of month. Optum insight and optum health for sure will be impacted.

Have that resume ready. It is
Not your fault. You all deserve a better company to work for.


QCI randomly scheduled for Thursday.

Like many folks at Fidelity, most people don’t have a separate QCI meetings but those managers randomly schedules a QCI this Thursday can only mean one thing. RIF. The RIFs have been verified by multiple sources who have access to high level management. I got the random QCI invite this morning which coincides with managers getting the list of people on the list. Stay strong. Nothing we can do but move forward and hope Abby can catch up to the 3 trillionaires in the world while destroying countless families who have elevated her there.


Any truth to any of this?

One person says 500 let go last week
another says 2500

One says may 28th - 30% being let go
last month it was April 30th - 30% being let go

Can anyone please be truthful?

This site is worse than facebook for crying out loud...

Please post facts and stop trolling - yeah, I know REAL big ask on here!


California Schools Issue Thousands of Layoff Notices

Many educators and support staff face uncertainty. They await news about their jobs for the next school year. Over 2,400 preliminary layoff notices were issued for teaching positions. More than 3,300 notices went to classified positions. Districts must finalize layoff decisions by May 15.

https://inewsource.org/2026/05/03/california-schools-layoff-notices-budgets/