Thread regarding Fidelity Investments layoffs

Stressed And Sick

I randomly heard from three different sources today - VP and above from two different BUs that there will be more layoffs in April. I am so stressed out. Been with the company more than 17 years.

My group demands more more more from people but morale is so low and I’m so unmotivated. Spouse is unemployed, I hope there are no more cuts. Anyone hear anything?!?!!

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| 3151 views | | 7 replies (last March 21, 2024) | Reply
Post ID: @OP+1rwOwxaB

7 replies (most recent on top)

Head of HR very clearly said today in NC Town Hall that there will be layoffs in the future, but no more planned for now. When asked again if there will be layoffs in the coming months, she said NO.

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Post ID: @8khe+1rwOwxaB

better hope not, the job market is not good due to alot of companies laying off. Been told by numerous recruiters that its best to try to find a job when you have one as the alternative is not good.

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Post ID: @1wll+1rwOwxaB

Have been told numerous times and ppl this is it this year.

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Post ID: @1yca+1rwOwxaB

Well schedule in PI for me doesn't go past the week after tax season... coincidence? maybe

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Post ID: @ndm+1rwOwxaB

Yes, I heard another round in 90 days from the same source that accurately called last week’s action.

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Post ID: @tzi+1rwOwxaB

It doesn't seem likely that there would be more so soon.

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Post ID: @mou+1rwOwxaB

I haven’t heard anything, so I’m no help there. But I’m taking this opportunity to update my resume and start looking to see what else is out there. It’s the only thing I can control.

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Post ID: @bvw+1rwOwxaB

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