Thread regarding Fidelity Investments layoffs

Axed today

We are shocked that we have been axed today in NC. How many affected in the US?

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| 7425 views | | 17 replies (last September 6, 2024) | Reply
Post ID: @OP+1rq3sbFQ

17 replies (most recent on top)

I was recently let go from Fidelity Merrimack, NH without any notice. It was strange. No severance pay, and when I tried to speak to someone about why I was let go -- got no answers.

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Post ID: @2Xkgw+1rq3sbFQ

Merrimack NH (Fidelity Health) here - laid off with no warning after 15 years. Just wow. Strong performer.

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Post ID: @2jod+1rq3sbFQ

Got laid yesterday! Pi tech And its weird since i was newly hired.

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Post ID: @1ccv+1rq3sbFQ

Fidelity US, yes

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Post ID: @ttv+1rq3sbFQ

So wasn't just Fidelity Intl people let go? Fidelity US as well?

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Post ID: @njf+1rq3sbFQ

It’s happening silently? No internal communication posted

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Post ID: @phc+1rq3sbFQ

What’s the severance? Is it capped? How many weeks for each year of service?

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Post ID: @pkd+1rq3sbFQ

Surprising people in ABQ were eliminated considering they are probably one of the cheapest sites salary wise and they dont get profit sharing

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Post ID: @kic+1rq3sbFQ

EI also got hit.

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Post ID: @frt+1rq3sbFQ

Someone i know from FI who is a very senior was laid off today.

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Post ID: @pft+1rq3sbFQ

Anyone from FI or WI got impacted?

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Post ID: @qqc+1rq3sbFQ

Rumors are 800 across PI. WI is supposed to be “targeted and minimal.” My boss got laid off and I didn’t see it coming.

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Post ID: @uqx+1rq3sbFQ

Multiple severed in Albuquerque

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Post ID: @rew+1rq3sbFQ

Just got dropped in abq

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Post ID: @ecy+1rq3sbFQ

Reductions are happening today!

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Post ID: @acl+1rq3sbFQ

which BUs are impacted? How many and what roles? Is the news coming out throughout the day? What’s the severance?

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Post ID: @kwt+1rq3sbFQ

I got my papers too earlier this morning. Can’t say it was a shock.

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Post ID: @edj+1rq3sbFQ

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