Thread regarding Fidelity Investments layoffs

Is it possible?

Are they prepping to go from private to public? Or a merger? Or a buyout?

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| 1822 views | | 9 replies (last March 15, 2024) | Reply
Post ID: @OP+1ryot2mQ

9 replies (most recent on top)

These rumors have been going around since the 90's.

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Post ID: @ghf+1ryot2mQ

https://www.amazon.jobs/en/teams/finance-technology

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Post ID: @jub+1ryot2mQ

https://www.amazon.jobs/en/teams/global-financial-operations

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Post ID: @kdd+1ryot2mQ

Amazon is continuing to grow their FinOps. For those let go, check Amazon current FinOps hiring.
Maybe your current manager may report to you after the Amazon purchase of Fidelity 😁 down the road.

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Post ID: @bmv+1ryot2mQ

Why sell when you are making billions a year and a majority of it goes to the Johnson family fortune?

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Post ID: @egw+1ryot2mQ

Is there anyone from the Johnson family poised to step up when Abby leaves? I know it's probably a long way off, but who knows, she could have health issues. Her daughter "worked" there a few years ago, but I don't recall if she left.

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Post ID: @vnp+1ryot2mQ

No disrespect to the man at all but Ned had no discernible influence on company operations since at least the early-mid 2010's. His death was not a milestone in anything changing culture wise and the company continues to be ship shape since his passing. It may be hard to see if you were affected but the layoff is immaterial and is already on its way to being forgotten. Unless Abby decides she'd like to push for an exit there is no reason that her or the board (there are other owners who have a stake) decide to sell. Not saying never but it's not in the company DNA.

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Post ID: @otb+1ryot2mQ

Right but Ned passed away in August and everything has gone south since then. Sell it off, cut it up and sell it off that’s better than watching it slowly burn to the ground. Sad.

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Post ID: @xnq+1ryot2mQ

Merger with whom? Fidelity has a very high net profit margin and tons of cash available, Johnsons would be the d-mbest to go public. There will be acquisition only, no merger/buyout

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Post ID: @eyq+1ryot2mQ

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