Thread regarding Fidelity Investments layoffs

Individual Buyouts ?

I’ve seen some comments about older Associates being offered a buyout package. Is that really a thing? I’m 61 and wondering if they might approach me as I don’t think another VBO is in the picture.


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| 1 view | | 4 replies (last April 24) | Reply
Post ID: @OP+1kpyka0he

4 replies (most recent on top)

Yup. Find the Retirement info under MyHR. There are potential benefits that do not match VBO, but may in total be better than a severance package.

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Post ID: @c2+1kpyka0he

Fidelity will not do another VBO (Buyout). last one they did was around COVID - you won't see it again.

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Post ID: @bz+1kpyka0he

you will be approached with an Individual Relocation Plan and Individual KPIs until you quit for free

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Post ID: @am+1kpyka0he

I can't remember the exact link but search fid central for retirement info. There's a brochure that outlines the package for those 55+.

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Post ID: @a6+1kpyka0he

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