I don’t think there’ll be massive layoffs. Big ones are in the news like Meta dumping 8000. This is not a big RIF. My dept is barely hanging on with work we’re so slammed, so there’s no way there’s cuts. Not at the level going on here with speculation.
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@c9 do you actually think they're qualified to determine who is a low performer?
Many in tech are busy, but stop and honestly ask yourselves - are you building value? or are you spending months to build a Fidelity crippled version of something open source we should have used?
@cb, could you please share the nature of your workload? We the keyboard solution architects may see a more productive solution.
@OP look all I’m saying there’s a natural attrition with changes like this final push to RTO. I don’t see a massive layoff I think there’s a lot of hysteria and fear bc this site propagates it. Do I think ppl will quit yes I do, will some retire? Yes they will. Maybe a little dead weight will go but I am swamped I get a lot more work accomplished when wfh and I’m not doing it in the office. I will head out my normal in office time come he-l or high water. My team can’t handle the workload as it is now.
@az, pull your head out of the sand. Even the clueless upper managements see that:
- Many teams invent busy work that's useless, duplicative or both
- The bloated, visionless and incompetent middle managements are slowing us down
let some bad blood out is good for Fidelity's overall health.
That’s the thing. So many BUs already understaffed with unrealistic amounts of work and overtime. It makes no sense that they would want silent or regular layoffs.
Look at the hundreds of views on any of these posts. Does that feel imaginary to you?