Email from the highest level few min ago
65 replies (most recent on top)
A 7.1billion dollar industry and they can't even get another building or pay the associates a living wage. They stifle all talks of unions and only care about the bottom dollar. Then they wonder why the general population wants to tax them at 40%.
increasing attrition by any means even if everyone feels the sting
@ak what does stop sponsoring H1B’s mean, no more hiring them or removing them from current workforce?
@ah or less people 😏
@ad The least they could've done is acknowledge that the senior leaders who signed off on the email have been misleading us. Or did I imagine that in Town Halls and AHMs Sharon and Kevin reassured us nothing was changing (while we had to suffer through their childing Jeopardy game)?
@aj customer facing going to 1 week per month will open up seats.
Going to move to an AI first development stance for tech teams.
Going to stop sponsoring H1Bs.
Need more office space, esp in tech heavy NC and TX.
Seems like a simple math problem solved right there.
In westlake and other this just seems impossible, without huge layoffs. Parking garages are 100% full currently. And finding a computer can be tough. Very curious as to what is changing between now and a year from now to even make this feasible
Most likely phase 2 will happen to other sites starting February or March 2027. It will be full time for those sites. They are going to have to get more real estate for most of those sites
Teams are spread across multiple offices. And managers spend all day in meetings. And employees have to sit all over because there aren't enough desks. And some offices don't have enough parking with only 50% in for a connect week. But sure bring us all back in so we can be physically together. In different locations. For the culture /s
I know why they did this. They saw us working too hard and wanted to reset expectations. We shouldn't be working so hard. It was all about work-life balance. Teaching us the importance of pulling back
They are also going to tighten up on people leaving early. They don’t tell us the requirement but have dinged people for it and it’ll get worse.
It's such a slap in the face after being repeatedly reassured that they were committed to hybrid.
Yeah most people were not in office full-time prior to the pandemic so I am not sure how they keep making it sound like it was a pandemic concession to work from home. Even though they are giving notice, in full transparency they should have gotten ahead of this and shared what the end goal was... You most definitely are going to see people working less full days and leaving early imho.
@a7 Wrong. They realize. They just don't care.
Well my foot is coming off the gas pedal with this job. 80% of my time in office will now be applying elsewhere, scavenging for free snacks, and watching YouTube. Fidelity wants to play takeaway value then I will takeaway value too.
@a7 They realize it. You said it yourself — they don't care. The pain is the goal.
It’ll be long term but I would guess not permanent. Can always reach into retirement after a month if we leave. But that 100% is what they want, for people to leave.
They fail to realize the impact this has on people. More miles on car, gas, daycare, clothing, not to mention the risk of accident, etc while commuting. I’m sure they’re hoping for a large # of people will quit and they’ll get it. Unfortunately it will include people we cannot stand to lose and many others checking out, doing bare minimum, etc. which applies to me. They don’t care about me, so I should not be expected to do anything extra or do what’s right for the firm. Abby has made a mess of this company but hey, as long as she gets more billions and people are using the expensive real estate why should she care? Can’t wait for the book on her and Fidelity comes out in May. Ned felt she wasn’t qualified to lead the company and he was spot on.
I got it too! I really didn’t think they were going to make us go back 5 days a week. That’s more than before the pandemic
Someone quoted 2027 for phase 2 on another post
The rumours were true. Big green is forcing everyone back into the office with the first phase starting in September with Boston, Kentucky, New Hampshire, and New Mexico along with all VP+ roles. No mention of North Carolina, Rhode Island Texas, or Utah for regular employees yet but it's only a matter of time.
I love that fidelity leadership still uses the phrase “in the coming weeks” “ in the months ahead”. Do they know how much credibility they have lost in the past few months because of that? Lol
Any rumors on when phase two is for other sites?
any idea when phase 2 will roll out?