Thread regarding Fidelity Investments layoffs

@rq, what are you alluding to with 1White3Brown? I knew the youtuber 3Blue1Brown.

high tech 1

strong>high tech

I see it now and shocked

Chairman's line is a joke. 20 people all reported one manger for being racist and homophobic and transphobic and then that manager was promoted.

1white3brown. It's a pattern of outdated American enterprises where the symbiosis between unqualified Ws and trying-hard BRs nurtured the h1-b situation today.

Societies from certain nations, often characterized by highly feudal and caste based structures, frequently replicate these patterns in Western contexts. These societies tend to be tribal and strictly hierarchical. Individuals within them highly value titles and positions but often possess limited technical skills. They prioritize superficial displays of power and spectacle. A visit to, for instance, an Indian/Chinese site often exemplifies this, showcasing numerous PowerPoint presentations and overly choreographed, often unimpressive, performances.

No harm has come from calling Chairman's line, you should definitely call and report, give it a go.

@OP we must received the same announcement email last week : ), which I immediately deleted with a WTF. In your framing but for my case:

• low tech = business process automation software, the field any software engineer or even an MBA can be a good leader.
• high tech = AI, the field advancing at such a breakneck speed that even Fidelity's hundreds of data scientists with Masters and Ph.D. degree don't know how to properly exploit.
• the timing. Posted right before holiday break and filled/announced last week, purposefully designed to reduce the exposure to external candidates.

If an investigation is conducted it'll be a clear cut cronyism which ensures the failure of Fidelity's AI Reset 2.0

Happens at every company and in every government everywhere in every industry since the beginning of time. Move on....

This topic is worth discussing, so please avoid posting any personally identifiable info. It’s against the rules, and the mods could take the whole thread down if it turns into targeting a specific manager.

Not sure if it’s the same person I am thinking but that would be L2 not L3

The tech is plagued by rampant cronyism and nepotism. A common practice, which can be described as a form of "grift," involves filing largely irrelevant or frivolous patents. Crucially, employees often include their managers as inventors on these patents.

This system is frequently exploited to secure promotions by certain nationalities. A review of promotions and corresponding patent filings often reveals the manager's name listed on the patent. This manipulation of the patent process for career advancement suggests the current patent program should be discontinued.