Thread regarding Fidelity Investments layoffs

Another wave again ???

I’m still hearing that there will be another round of layoff in June end or July.
And heard this time, reducing the contractors because of larger teams..
anyone heard of this and is it real ???


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| 1 view | | 5 replies (last 22 days ago) | Reply
Post ID: @OP+1ks1thmtx

5 replies (most recent on top)

what about software dev contracting assignments. Are they being renewed. Seems like more work is being push to the development teams now. You would need additional help to do the actual work why your dev leads do the work which the SLs used to do. Doubt you can do more with less.

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Post ID: @m4+1ks1thmtx

I know of multiple SMs that contract is up end of June

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Post ID: @cg+1ks1thmtx

It's sad, but Fidelity management A0's wants to replace lower value human capital with AI . Tried protesting but it's coming for grade 4's and 5's beware

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Post ID: @cb+1ks1thmtx

I heard contracts won't be renewed for temp.

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Post ID: @bf+1ks1thmtx

I call BS on this post. Someone has a beef with contractors. How about H1B...start there.

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Post ID: @b1+1ks1thmtx

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