Thread regarding Fidelity Investments layoffs

IT Architects

One of the most parasitic creatures in fidelity is architects. Most of them are completely useless and talks rubbish in the calls. They are the biggest bottleneck to delivery. Why do we need these low calibre people?.Most of these people are from one nationality . Yesterday i was in a call with architect and when questioned he said he believes in some pattern so its good and the GCL ( another guy came to the role without any talent) agreed to that .
The frustration grows when observing the broader organizational structure. During layoffs, good individual contributors were let go while many SVPs and VPs remain, despite having no idea what fidelity is or what kind of projects their teams are working on. Similar to the architects described, many of these leaders are low calibre individuals who received promotions during the 2018-2022 timeframe. This accumulation of non-contributing roles creates significant obstacles to actual progress and delivery.


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Post ID: @OP+1ktmzt595

8 replies (most recent on top)

@mw did you read the post??

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Post ID: @pd+1ktmzt595

@ke, I searched this thread and nobody mentioned the word "para sites", it that what your true identity is in your shadow self ?

No, mostly sloppy or even deadly (search "9 dollar per hour Boeing 737 max software"), my coworkers are mostly hard workers. But the sheer number of them, the uncontrolled growing and spreading of them, make me think the term can cer.

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Post ID: @mw+1ktmzt595

No I mean like really? You all hate your coworkers so much that you call them parasites? Have you lost your minds? Oh that’s right the culture here su-ks so bad that you feel you can justify being as racist as possible. My bad!

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Post ID: @ke+1ktmzt595

love to see a bill that prevents money that is made in the US from going outside the US if you're H1B

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Post ID: @jf+1ktmzt595

Is this post even real? Or is it rage bait? Why post this here? How does this relate to layoffs?

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Post ID: @dd+1ktmzt595

look around you, which tech team is not all Indians? very rare...

There are the specific clusters all Indian teams in the states in Wealth, now reporting to India, then back to onshore. I wish the whole cluster is shipped back to India.

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Post ID: @bx+1ktmzt595

@OP

Good thing that I don't care about "actual progress and delivery" for Fidelity. Only a bootlicker would.

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Post ID: @bw+1ktmzt595

Given their substantial compensation, it may be more practical to transition these roles into positions like scrum masters, where their function could at least provide some tangible value to the workflow in exchange for their hefty pay

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Post ID: @a4+1ktmzt595

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