Thread regarding Fidelity Investments layoffs

FAANG-style Org Change

This is how I am understanding it:

  • much larger teams with fewer leaders
  • mgrs w/ more direct reports
  • Scrum master, Agile coach, program, project, and squad-lead roles being reduced
  • More expectation that engineers and ICs manage execution themselves
  • Fewer meetings & ceremonies (well, @ least in theory)
  • More pressure on us remaining, we'll need to deliver w/ less support
  • Reorgs is masked with fake terms like "efficiency," "simplification," "flattening," or "new op model"
  • the layoff goes beyond cost cutting (they are trying to change how work gets done)
    Am I missing anything or something here?

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| 2 views | | 3 replies (last May 11) | Reply
Post ID: @OP+1kr8b9tv4

3 replies (most recent on top)

I was saying who cares as one still working

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Post ID: @fh+1kr8b9tv4

@d2 the ones still working.

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Post ID: @dd+1kr8b9tv4

who cares

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Post ID: @d2+1kr8b9tv4

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