Thread regarding Fidelity Investments layoffs

Promoted but not satisfied

I worked very hard to be promoted and I finally got the promotion. But now, when I compare how my much responsibilities have grown and how much of a salary increase I received, I wonder if it was all worth the effort. Anyone else dissatisfied after being promoted?

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| 3034 views | | 5 replies (last January 11, 2023) | Reply
Post ID: @OP+1kyWBSTe

5 replies (most recent on top)

Very true @4sgw+1kyWBSTe they are still there for now. Just wait and see who is still on who's who after the next few RIF(s). I watched it happen over the years. Hopefully history wont repeat itself and RIF's are now a thing of the past given today's job market? Either way if you are a developer just keep on learning new things don't stay complacent and you will do just fine at FIDO.

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Post ID: @5hym+1kyWBSTe

I know plenty of managers that could have taken the VBO but did not and they're still here.

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Post ID: @4sgw+1kyWBSTe

I know that if I had left my hands on customer impacting Principal SWE role for management position(s) I would have been gone in the next RIF. Twice I was offered such Director positions over the years. Money was not that much more and who knows if I would have gotten shares in the Director role. Looking back now post VBO that was the smartest thing I could have done career-wise. The Turtle won the race.

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Post ID: @2ubu+1kyWBSTe

You could be elected president of the United States and you would probably still not be satisfied. Your complaints would be about the congress and being blamed for a sh---y economy.

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Post ID: @1brp+1kyWBSTe

Agreed.
This is true for all technology, not sure about the rest of the company (support staff for tech - ha ha).
Less experienced people being hired, many experienced ppl left via VBO or early retirement.
Remaining experienced ppl are left pick up the slack and provided a handful of peanuts.

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Post ID: @jrq+1kyWBSTe

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