Thread regarding Fidelity Investments layoffs

How big of an org adj is considered a “reorg” for a layoff

I’m pretty low on the totem pole but how big of a change allows for a layoff?

There have been a few high manager changes and I can’t tell if it’s just reshuffling from the layoffs last week vs just flattening out a team reporting line. Anyone have more info?


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Post ID: @OP+1krkwsgb0

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@a6 english pls

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Post ID: @196+1krkwsgb0

In my BU the emails today align with what rifs already happened. 25k people in a new structure and way of operating actually makes sense for more like 3x the rifs we had.

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Post ID: @a6+1krkwsgb0

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