Thread regarding Fidelity Investments layoffs

Any new rumors on reorg date?

2nd quarter
Finalized in April, announced in May?

What are you hearing?


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| 31 views | | 17 replies (last April 24) | Reply
Post ID: @OP+1knt0q7je

17 replies (most recent on top)

Tomorrow, and if you’re in the office no box to put your sh--e in. You get a thin paper bag.
If your working from take somethings off your shelves put em in a box, then out on the curb.

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Post ID: @2a1+1knt0q7je

exact date .. when ???

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Post ID: @1rg+1knt0q7je

In my 1/1 earlier this week my mgr dodged the question on SL/GSL reorg changes .. didn’t deny impact just said discussions in progress no updates

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Post ID: @1d8+1knt0q7je

@18r which BU and call with whom ?

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Post ID: @18s+1knt0q7je

yesterday there was call about re org. soon coming

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Post ID: @18r+1knt0q7je

The reason of reorganization is taking time is due to the fact that consolidation of Squad and Chaper roles across all business units, not just Wealth and Brokerage. Like Workspace investments and institutional associates were unaffected by changes in the business model evolution, but this time sr. leaders are going to do it across the firm.

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Post ID: @rp+1knt0q7je

@jd That used to be the case, and should be the case, but then along came DEI

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Post ID: @k0+1knt0q7je

@fh
Corporations don’t run on your feelings . financial outcomes drive decisions . If hiring visa workers makes business sense, they will continue to do it. If you disagree, start your own company and hire who ever you want ..

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Post ID: @jd+1knt0q7je

Send the student drivers packing. We don't need them anymore.

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Post ID: @ft+1knt0q7je

Fire all tech teams.Co-pilot can do almost all of things these H1B guys do.Why do we need managers who are in H1B ? There should be a campaign to stop hiring managers in H1 and L1.Let them go back to their country and make their great country great again

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Post ID: @fh+1knt0q7je

We have heard several different timelines here over the past six months. However leadership is not ruling out reorg. In all-hands meetings and discussions leadership has indicated that reorganization discussions are ongoing, which naturally leads to speculation based on any signals or updates shared. I wish there was better leadership to understand impact of these statements and untimely memo

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Post ID: @dp+1knt0q7je

Folks who actually know inadvertently or intentionly give out the reorg date which we share here. Although indirectly, folks here do know.

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Post ID: @dh+1knt0q7je

@d8 : it doesn’t mean it ll not happen

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Post ID: @dd+1knt0q7je

No one knows s#it, especially not anyone here. Just carry on and stay off radars

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Post ID: @d8+1knt0q7je

heard date for wealth is on april 13th-15th , other units by may 30

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Post ID: @cy+1knt0q7je

Is this the same one from November we are still radio silence on for SL, CL, and other agile roles? or a specific BU? or all BU's?

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Post ID: @a4+1knt0q7je

Heard same something in May

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Post ID: @a1+1knt0q7je

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