Thread regarding Fidelity Investments layoffs

Is Fidelity jealous?

We had a meeting recently titled “Why Fidelity” and most of the meeting gave the energy of an abuser trying to gaslight you into why their abuse was the best type of abuse. I also noticed that they kept mentioning a lot of their competition in a negative light, almost as if they were attempting to get any ideas of jumping ship out of their employees heads. Anyone else notice this? It was pretty odd to see them bad mouthing their competitors directly to us.

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| 1732 views | | 6 replies (last July 7) | Reply
Post ID: @OP+1jz0s8wwd

6 replies (most recent on top)

No slacking??? Dang. You guys need to work on your corporate survival skills. You actually do work all day? Lol that's impressive.

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Post ID: @16s+1jz0s8wwd

@y6, if a billionaire can afford all the food the world has to offer, why he still go to gym to trim the fat off her/his body?

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Post ID: @zn+1jz0s8wwd

Here is Fidelity's layoff protocol:

Step 1: Fire the White guys.
Step 2: See Step 1.

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Post ID: @yj+1jz0s8wwd

@a5 if it’s stable then why do people get laid off all the time?

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Post ID: @y6+1jz0s8wwd

Thanks HR for your reply 😁😳😉😉

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Post ID: @bg+1jz0s8wwd

The "abuse" we are referring here is basically what you encounter at any big corporate.

It's basically capitalism operating at it's worse.

Having said that, without being devils advocate, the number of benefits fidelity provides is competitive enough to consider it.
The toxic manager, culture will be present in any form any large corporate organization.

Fidelity is also stable company if you want job security, stability, obviously you can't slack your way here like some government administration.
You should be accountable for what you do, fidelity also tends to "hold onto the relics" and I say that with utmost respect to the leaders with whom I have worked.

Some of the brightest mentors I worked with never had any issues with insecurities like someone is out there to get them. Instead they collaborated on each key initiatives while fully realizing that new system will effectively replace them.

Having said that, when the time comes fidelity will not flinch twice while laying you off even if you had 20-25+ years of service.

So to answer the question "why Fidelity" :
Everyone will have their version of story.

Personally I chose fidelity as I realized Fidelity does provide stable job opportunities unlike corporate with less cutthroat approach.
But I also want to mention my position is being moved to NC from Boston as I write this up.

So I am unsure what's my future will be.

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Post ID: @a5+1jz0s8wwd

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