After the recent Fidelity layoffs, leadership mentioned moving toward larger consolidated teams starting in June. I haven’t seen any changes in my business yet.
Are others seeing team merges already?
Is this just taking longer than expected, or are additional organizational changes still being planned for lower level grades ?
@OP im in Denver and yes my team was merged my mgr went in a leave all of a sudden she told us in a chat. We currently have no mgr…
same here in BRT, whole divisions were cut, godspeed
What’s weird is that for all the people they laid off, I see that a lot of VP roles were still protected. Would have expected to see more impacted rather than the people doing the work.
Merging results in redundancy, a.k.a more cuts
Smaller teams merging means more "leaders" displaced or demoted?
@a1 ok. I didn’t hear yet in my project
@OP yes. Loads of team merges in WI. It’s insane