Thread regarding Fidelity Investments layoffs

Cuts in April - the numbers

Sounds like quite a few people. Is this accurate?

Rumour has it, third of employees in every division.

I won't be surprised if it's 10 - 15% overall across Brokerage/PI, which is what was discussed in the offsite meetings.

OP: @d3+1jp167n03

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| 2584 views | | 3 replies (last March 12, 2025) | Reply
Post ID: @OP+1jp40565h

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The total shock in that post about 20k 😂💀

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Post ID: @dm+1jp40565h

You think they are going to layoff 20,000!? Employees when the company profited 10 billions last year!? lol

Not saying layoffs aren’t coming but cmon.

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Post ID: @cc+1jp40565h

Is this just brokerage/wealth?

What is a division? I only speak in terms of BU’s, Domains, Product Areas, Chapters.. never heard of a division in the tech world.

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Post ID: @a8+1jp40565h

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