Thread regarding Fidelity Investments layoffs

Fidelity Investments: Baby Boomers pull all of our funds out now

Fidelity Investments was once the Mecca for IT and Investment professionals as well as the number one firm to set the standard for ethical business behavior. Once a family owned business has now become home to some of the worst HR backroom dealings by rebranding the negative words "Lay-off", "Reduction in Force (RIF)" and "Restructuring" with news friendly words such as "Buyout". The bottom line is Fidelity is dumping all baby boomers and replacing them with H1B visas.

So baby boomers, let's return the favor by pulling all of our funds out of this company and roll them over to another ethical firm of our choosing.

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| 3107 views | | 2 replies (last July 7, 2017) | Reply
Post ID: @OP+O9vLGaX

2 replies (most recent on top)

@fgr - Buyout or not, it's still a layoff

No matter how they (and you) spin it, it's a layoff - maybe a generous one, still a layoff

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Post ID: @stx+O9vLGaX

I get your frustration, yet, it's truly a "Buyout" and not a classical layoff where you get booted promptly often without any severance

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Post ID: @fgr+O9vLGaX

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