Thread regarding Fidelity Investments layoffs

Too many Squad Lead and GCLs in wealth and brokerage

We are carrying excess headcount in Wealth and Brokerage SLs/GCLs. They are largely unproductive, with their primary 'output' being pointless PowerPoints for internal forums that achieve nothing. Their grades are inflated and must be cut to a Grade 7 level


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| 1231 views | | 6 replies (last February 10) | Reply
Post ID: @OP+1kfpr76zp

6 replies (most recent on top)

They are coming

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Post ID: @2pp+1kfpr76zp

They’re coming for SL’s this year. Not sure about GCL’s but wouldn’t be surprised, but significantly fewer than SL’s.

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Post ID: @116+1kfpr76zp

They need to get rid of architects too. So many of them don't know that they're doing and make important decisions that sc--w everyone with technology.

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Post ID: @10h+1kfpr76zp

Lot of architects in enterprise . Most of them are just creating useless confluence pages and wasting time

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Post ID: @mn+1kfpr76zp

Not just it ,too many SVPs as PAL holding one or two product just creating ppt and status tracking

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Post ID: @ck+1kfpr76zp

It must su-k to work in wealth. So many posts about cuts, layoffs and coworkers hating on coworkers!

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Post ID: @ax+1kfpr76zp

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