Squad lead here
Long time fidelity. Got 12 months severance, holidays paid out to cash and prorated bonus.
Was asked to keep it to myself but fu-k that sh-t, I hate how they broke the news so I don't care.
Multiple scrum master in my previous role got impacted as well.
Impacted BU based on what I heard:
Wealth platform, advisory, Asset management, Brokerage Record keeping
@a1 sorry to hear this. Did asset mgmt get hit hard?
12m for everyone or based on years of service?
@a9 Do you know how to DevOps by any chance? That's a desirable role, I hear.
I'm so sorry to hear this. Waiting for my call with HR.
@a4 Hey a--hole, OP here
in what world do you consider being laid off lucky?????
I am 49, with no source of income, two teenagers and mortgage.
plus probably unhirable in today’s climate.
so take your inconsiderate comment and shove it in your a-s
I’m sorry to hear this. It’s scary and frustrating! Any word on the FI group that joined Fid Wealth? Sorry
@a4 they are 'lucky'?!?! I'm betting they don't feel that way. You're an inconsiderate A$$
@a4 if you have 20 plus years a year severance is the norm
Ignore the comment berating you. Yes that’s true that you got a lot of money, but there’s a lot of stress, too. This place holds a lot of your life and memories, and for it to end like this is cold.
I’m sorry this happened to you. Feel everything you’re feeling. This is gonna be a grieving process.
You WILL land on your feet some day. But for now, process this.
12 months? This seems sus. Only seen 6 months max. If you really got 12 months you’re damn lucky! Imagine getting a paid year off?! Sure you have to find a new job but won’t be stressed for a whole year while doing so!
Enterprise tech impacted as well.
@OP Do you mind sharing how many years you have been with Fidelity? Are they offering 1 month of severance per year of tenure?
Same here
Squad lead from asset management, NC