Thread regarding Fidelity Investments layoffs

May re-rog

According to multiple sources here in NC, there could be a major reorganization involving GCL, SL, and Architect roles across all the BUs (Starting with wealth and brokerage) . GCLs are largely viewed as paper pushers with no real value, and many G-8 SLs could be pushed down to G7. Architects are seen as another set of dinosaurs from a bygone era , they may soon become extinct as well.SLs in the platfrom squads will be axed or pushed to G7-6 individual contributors


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| 3 views | | 4 replies (last April 23) | Reply
Post ID: @OP+1kpvt7jts

4 replies (most recent on top)

This is disheartening to hear.

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Post ID: @dw+1kpvt7jts

Heard similar. Change in job titles for those roles (I didn’t hear anything about architecture though) and some GSL/SL and GCL/CL will be cut.

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Post ID: @d5+1kpvt7jts

Yup
It's definitely happening.

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Post ID: @cw+1kpvt7jts

History will repeat itself… bootlickers are here to stay and hard-working people will be moving out.

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Post ID: @ch+1kpvt7jts

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