Thread regarding Fidelity Investments layoffs

I think it’s a decent place to learn especially if you’re wanting to pivot and learn cloud. I will say the biggest cons are disorganization, lack of general vision clarity and the leadership in the cloud space can be stuck up and “my way or the highway”. Obviously the organization as a whole is in a complete mess right now and you’d prob be asked to move or get laid off. Pay is also not great relative to other places you could go.

OP here. Yeah, just so happens I asked this on the day someone else got laid off.

I’ll try looking at this place again next year.

There's too many boomer Karens and Chad in this company which will make your lives miserable.

They will think you're after replacing them, taking their jobs.

They will see your enthusiasm as credit stealing, and will question every single thing you suggest because they're too rigid to understand your point of view.

NOTE: I was blessed to have some really good senior leaders whom I respect a lot.
But a vast majority of teammates and leaders you'll encounter will be similar to what past two comments echoed.

You'll be thinking you're about to make a huge difference, impacting squads etc etc, yet when the time comes for your quarterly review or bonus, the same managers will show their true side

So yes, STAY AWAY if you can.

I’d echo the same as the first comment. I left a year ago, I’m all sorts of biased, but I will never go back. At fidelity, if someone doesn’t like you and they hold a powerful position they will take away whatever it is that you want to work on or make your work life miserable in so many creative and sadistic ways. I expressed I wanted to work with AWS, had little experience, next thing I know the team is implementing Kafka instead. I put something in my review about what I had hoped the company would not implement, few weeks later an entire company wide policy doing exactly what I asked not to do. You can say or do the smallest of things wrong and suddenly your whole department is making your life miserable because they want you to quit. The politics are what will get you here. This is not a company that you will learn and grow skills at. I will never recommend.

No matter what you want to do, STAY AWAY FROM FIDELITY

You'll be scarred for life with insecure teammates, toxic management.

I moved here thinking fidelity is a stable company to work, not anymore.

Too much anxiety, stress, uncertainty.