Thread regarding Fidelity Investments layoffs

I don’t believe layoff posts

There’s no way fidelity will layoff a significant portion of the staff. Abby doesn’t want to let her friends go.

The tech teams might be impacted, but with no vbo, how likely is it that there will be layoffs.


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Post ID: @OP+1kqr33f3z

6 replies (most recent on top)

as a swe, ai is catastrophically fu--ing sh-t up but everybody has duct tape across their mouths about it because then it gets turned into "oh well you aren't prompting well enough"...

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Post ID: @cn+1kqr33f3z

AI can replace a lot of people, we just don’t know how to use it yet. They need managers who have a brain to start with that trend

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Post ID: @ck+1kqr33f3z

Big layoff is coming my friend!

From what I have heard, it is shocking to me that the senior leadership thinks that they can cut the business side of staff and have the Tech side people take over that work using AI. Those 2 jobs require very different skills.

While the popular opinion is that AI will reduce the need for tech people, Fidelity has chosen to go in the opposite direction.
Help them Lord to discern right from wrong :)

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Post ID: @cj+1kqr33f3z

lol

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Post ID: @cc+1kqr33f3z

Whether there was a VBO or not has nothing to do with layoffs.

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Post ID: @af+1kqr33f3z

What makes you think people outside of her senior executive circle are her friends? Small layoffs happen.

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Post ID: @a3+1kqr33f3z

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