Thread regarding Fidelity Investments layoffs

Budget cuts, agile changes, tightening of teams

Our teams just had a flash call,

Bob wants to move quickly and how,

An exceptional performer was told they have 3 months to look for new role at fidelity or negotiate severance.

All that after fidelity had net revenue profit of over 3.5 B.

Why are we ruining people's lives over holidays?


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| 2061 views | | 7 replies (last November 19) | Reply
Post ID: @OP+1k9qn9qbb

7 replies (most recent on top)

Try enjoying the holiday season and see what 2026 will bring us. Baffled by why they want to sow anxiety announcing the upcoming changes now.

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Post ID: @1jp+1k9qn9qbb

Updates ? Nov 18th gone

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Post ID: @1je+1k9qn9qbb

There were no calls today

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Post ID: @a8+1k9qn9qbb

I'm dreading logging in tomorrow to find a flash call invite waiting.

Do we know what's the number of cuts going to be?

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Post ID: @a7+1k9qn9qbb

every team ll have flash call ? when is deadline for all these?

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Post ID: @a6+1k9qn9qbb

Can you confirm BU or organization?

Is account opening going to be impacted?

We just had a change last year with squads combining

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Post ID: @a5+1k9qn9qbb

Likewise, our entire chapter of GSL will be gone.

Not sure which associate will be gone, which is pretty messed up

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Post ID: @a2+1k9qn9qbb

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