Thread regarding Fidelity Investments layoffs

What's happening with layoffs?

Is something coming in June or not?


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Post ID: @OP+1ktk9yn2d

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They laid off grade 4s/5s instead of the blood su-king VPs and SVPs

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Post ID: @mq+1ktk9yn2d

@OP of course there are cuts coming.
But they won't be immediate.

The leaders who got slashed in may will be replaced by someone who would bring their own agenda, priorities and will have favorites to replace / restructure teams further.

We will have more cuts announced by fall

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Post ID: @bm+1ktk9yn2d

Probably not, but they really missed the opportunity to get VPs who have no direct reports. What do they actually do?

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Post ID: @be+1ktk9yn2d

no

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Post ID: @a4+1ktk9yn2d

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