Thread regarding Fidelity Investments layoffs

@mh Shut up A hole

@mh
I sympathize with @OP

It's the responsibility of the managers to make sure the associates feel confident and not insecure, by having 1-1 with them.

I have first hand witnessed managers asking new associates to not only ramp up quickly (which is expected) but to tell new associates that they should "learn / do everything XYZ associate is doing" in the name of "what if they're on vacation"

And few months later, the XYZ is no longer in the firm (or in team in some instances).

Don't let anyone tell you it's your insecurity.

You should be worried that your insecurities could become a life long problem for you. I exhibit confidence and I am happy to share every part of my role to help make anyone on my team better and the team stronger. You should do the same.

I would quietly get your ducks in a row. Update your resume and prepare for your role to be eliminated. Colocation is one strategy fidelity is using to reduce headcount while keeping the remaining team members happy. Su-ks but when someone who is on your team, at the same level as you, asks you about what you work on, your days are numbered. It’s a power move and not in your favor.

The eager beavers are the issue when the managers lap them, especially when they're in the same location.

I'd recommend being professional, the moment you loose your sh*t you're the one to be blamed

I noticed many are young new hires and this is their first or second job. They are simply eager beavers wanting to make an impact and get experience. Not a bad thing, but eager doesn’t mean they are any good. Some want to do minimal work required to just get credit.
Throw them a few bones and see how they do. Most expect to do the glamorous high visibility stuff prior to doing their share of the mundane.

@b2 if that's true, does previous years performance has anything to do??

I am in similar situation, was rated exceptional performer last year.

Run for the hills, your days are numbered, he/she is your replacement. your manager is in cahoots with the SVP to get SVP's kith and kin's spouses

Pretty sure it sounds like an NC manager.

Hate such teachers pets, the worse part is when the time for review comes they'll be the ones getting all the cream while the hard workers get told to push themselves more

Sick joke

Just swipe your badge when required, keep your head down and keep the throttle at about 60%. When those little bullsh*t games take over a team and your manager is lapping it up, best thing to do is fly under the radar and see what other opportunities are out there.

Sounds like classic Fido manager 101 strategy.

Especially if the manger is in NC, which from the description it seems NC