Thread regarding Fidelity Investments layoffs

what is the real / accurate RIF counts # ? impacted folks/ their managers can find in the docu-sign packet PDFs

what is the accurate RIF # ? impacted folks/ their managers can find in the docu-sign packet PDFs. Look at age discrimination sheet. It has everything. Roles, titles, number of positions, age

what if your BU?


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Post ID: @OP+1krje3wr9

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@pb yes that is true. It’s a count of employees grouped by job code and age. So if multiple people are in that same group then that row will have more than 1

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Post ID: @xn+1krje3wr9

@bd there is also number of people on each row for that given role, not necessary one row means one person. Can you confirm if this is true? if yes, the number is more than 88X33

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Post ID: @pb+1krje3wr9

it's difficult to get the real total across the entire firm because each person's RIF decision is made in comparison within a decisional unit, which isn't the entire 25,000 but rather pods of product/tech people who support a specific line or a specific unit. For your information though, my unit had almost 1500 people in it and almost 10% got let go

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Post ID: @ch+1krje3wr9

88 x 33, so roughly 3000 associates

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Post ID: @bd+1krje3wr9

Yeah, I'm not sure how they're getting away with the numbers being reported publicly. It is in a Highly Confidential doc, so people probably won't share, but there are 88 pages of people laid off. The first full page has 33 on it, so that's a lot more than "just a few" or "only about 1%." I'm not counting them all manually though, and it's confidential so copy/paste is disabled.

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Post ID: @b7+1krje3wr9

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