Thread regarding Fidelity Investments layoffs

We only 2 non H1b on team who got impacted. Rest all H1B are still there. What does this mean?


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Post ID: @OP+1kr9hmprn

13 replies (most recent on top)

@1sy Its not cheap. Salary remains the same for the grade regardless

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Post ID: @1wj+1kr9hmprn

Cheap indentured servants that work like mules, I get that. But when the mules managed to occupy teams of teams and orgs of orgs, Fido becomes an animal house. Why it's allowed to happen under our nose, that's the part I don't understand

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Post ID: @1sy+1kr9hmprn

why this company favors h1b for job protection?

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Post ID: @1rp+1kr9hmprn

@xa, yes, hired by their parents, uncle, aunts and fellow villagers. As I kept saying, it's not an H1-B issue, but rather it's a naidni (read in reverse) issue.

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Post ID: @z2+1kr9hmprn

@t4 are the us university graduates they are hiring mostly international students?

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Post ID: @xa+1kr9hmprn

@g7, too late for those with hiring power now. They're already "naturalized" citizen by now. Unless USCIS retrospectively investigate fraud such as fake foreign degree, which is too hard.

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Post ID: @p5+1kr9hmprn

@ps, can't agree more, if you happened to be in one of the LEAP presentations, you would've wonder: where are the americna kids?

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Post ID: @p4+1kr9hmprn

The mafia has won. The RIF / Reorg only solidified their strategic and generational occupation of Fido.

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Post ID: @p3+1kr9hmprn

I'm seeing alot of posts on linked in for young non American tech folks celebrating they are starting their new jobs at Fidelity, disheartening and not surprising

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Post ID: @md+1kr9hmprn

100% confirmed in SMs group, Americans are cut and H1B folks are protected in safe conch.

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Post ID: @ke+1kr9hmprn

Investigations shall begin to get the facts. People inside know 95% cuts are Americans in this round, just look around and tell if this is wrong

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Post ID: @j9+1kr9hmprn

Managers of overseas origin are firing Americans.

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Post ID: @j1+1kr9hmprn

file a complaint with uscis

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Post ID: @g7+1kr9hmprn

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