Thread regarding Fidelity Investments layoffs

Is the rumor of a walk out true?

Probably not a good idea, but it’d be noticed

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| 2009 views | | 14 replies (last September 17, 2024) | Reply
Post ID: @OP+1urCJ7j1

14 replies (most recent on top)

actually there was a choice when the pension ended

1> roll into 401K
2> create an annuity that pays a fixed amount of $$$ every month after you turn 65? option also existed to keep it going if your spouse outlives you

I took option 2> so as to have some passive income that was detached from 401K / IRA etc.

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Post ID: @7bzb+1urCJ7j1

When they got rid of the pension they rolled the benefit amount into the 401k plan. So there was no financial loss.

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Post ID: @7xme+1urCJ7j1

There wasn't a walk out when they got rid of the pension so there will not be one now.

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Post ID: @6jki+1urCJ7j1

Ok the comment about most of the company being on a visa makes me know that this site is just full of troll. They clearly don’t work at Fidelity.

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Post ID: @4igi+1urCJ7j1

The ppl talking about FINRA being the problem are the below avg iq id--ts who can pass a series 7 I was talking about being stars at fid. If you believe the FINRA rule is true it indicates a few things.

  1. You have no idea a key part of our business resources are RCS employees. Registered reps that are completely remote bc they are not near a RC
  1. FINRA themselves has been cracking down on employers using FINRA as an excuse because it’s not true at all.

https://qz.com/finra-wall-street-rto-mandates-office-barclays-1851495969

  1. You’re unaware other employers who RRs are completely remote like Empower
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Post ID: @1fap+1urCJ7j1

A walk out? Really?! Are we in high school? Unprofessional and childish.

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Post ID: @1nkv+1urCJ7j1

Fidelity sits on the FINRA board and makes the rules, FINRA RTO is to squeeze out startups sponsored by? You got it… the long gone Johnson family.

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Post ID: @1tnx+1urCJ7j1

Tried the walk out protest in high school. Got suspended.

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Post ID: @skl+1urCJ7j1

It's almost like y'all opted to work in a highly regulated industry that has requirements to work in the office. FINRA requires >50% in office or a RONA exception. Fidelity will not pay millions of $ for thousands of RONAs when they have office space and real-estate available to be compliant with regulations. Unionize and find out quickly how d-mb y'all are!
LOL these butterflies in this generation are hilarious!

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Post ID: @poc+1urCJ7j1

Haven’t heard this rumor. What site?

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Post ID: @zfz+1urCJ7j1

I think the original post creator is in HR, they want us to walk out so they know who we are and can immediately terminate.

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Post ID: @ypo+1urCJ7j1

If you’re talking about the annual fire drill then yes, otherwise people are too pu$$y to actually do anything.

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Post ID: @erp+1urCJ7j1

Serious union discussion would scare them way more than a walk out. If we unionize, they lose control. Don’t waste our time with a pointless walkout, we must unite!

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Post ID: @beo+1urCJ7j1

Most of the company is Indians on visas. They can’t afford to walk out.

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Post ID: @lsa+1urCJ7j1

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