Thread regarding Fidelity Investments layoffs

You know why there won’t be any significant lay offs?

Because this state is driving young adults out with zero affordability. Boston rent is off the charts, it’s unsustainable here.
The governor has not met a tax she didn’t like we are quite literally being squeezed and taxed to death here.
So don’t worry you won’t be laid off you’ll just be drained of all your money here. The only reason Fidelity still has HQ here is because of her massive real estate holdings. Even billionaires don’t like to lose money.
If things don’t turn around fiscally here we all may be forced between Texas and keeping our jobs or taxes and bleeding money to stay afloat. And I’ve got fairly deep seven figures invested and I’m worried!


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| 12 views | | 7 replies (last May 5) | Reply
Post ID: @OP+1kqvtq3j1

7 replies (most recent on top)

@ac You sound like a hollow, miserable HR rep whose only talent is taking up space and working to make the Fid environment as toxic as possible.

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Post ID: @b3+1kqvtq3j1

@ac you clearly have never been to Texas.

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Post ID: @ag+1kqvtq3j1

@ac sponsored by PP choose a method any method some work better than others You’re a mouthpiece for garbage

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Post ID: @af+1kqvtq3j1

😹I struck a nerve with facts.
No company will stay here unless there a major paradigm shift with taxes and immigration.
You can pretend people aren’t leaving in droves but they are! Out of the northeast entirely!
Maura has zero executive skills how she got elected? She fit the box they wanted and that’s what you get a puppet figure with no ability to think or solve real hard issues. Oh dear I’ve upset the fragile d e I hires

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Post ID: @a5+1kqvtq3j1

I know great idea again another stat straight from the state. Let’s bring in people from all over the globe and wait for it half a million of them that are ILLITERATE IN THER OWN NATIVE LANGUAGE! yes 500,000 that will surely help the states budget and fidelity find quality employees. Wake up the commonwealth of ma is over! Put a fork in it! Keep raising taxes even Abby will take a hit financially to get out of this sinking bucket

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Post ID: @a3+1kqvtq3j1

Truth hurts this is back in 2022 on MASS.gov and it’s only accelerating. “ Outmigration and Loss of Talent
High housing costs are driving away young adults
Massachusetts’ population has grown over the last few decades, however, the State has seen an increasing trend of outmigration of long-time residents, particularly young adults, to other states. People move away from MA for many reasons, but housing cost is at the top of the list for many. High costs make it difficult or expensive for companies to locate and expand in MA. Outmigration to other states varies over the years but has long been offset through population growth from international immigration. Massachusetts outmigration trends show decline across all age, income, and educational attainment groups. Young adults ages 24-44 are the age group with the highest rate of outmigration .”

“ “Massachusetts loses $4.18 billion in income as young workers leave” – Boston Business Journal”

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Post ID: @a2+1kqvtq3j1

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