Thread regarding Fidelity Investments layoffs

Everybody at Fidelity is in a waiting mode

Have to think the combine IT groups moved into EI back in Feb./Mar. 2017 will have to shrink as large cost cutting was the primary goal moving Prod Support and Security into centralized teams. Not sure enough attrition has or will occur as most people are waiting for there package (too much to leave on the table if you have years invested). However I was recently told that the management team that made that initial moved have been reassigned as I think most in this group were expecting an Oct. layoff to slim those new combined organization down.

Recently talking with people in those organizations they are all waiting. All mentioned there is no discussions going on si they have no insight what long or short term plans are. I would have to think Neff's job must be in question now since he was the mastermind of this. Someone said Abby can't afford to get rid of him with all his accolades of IT in the Financial world.

Bumped from @PNd8ShA-1xpq for info.

by
| 2523 views | | 1 reply (October 19, 2017) | Reply
Post ID: @OP+PPOWIsO

1 reply

At this point, it's be easier to know exactly what'll happen, then go through this constant stress-inducing anticipation.

by
| | Reply
Post ID: @afj+PPOWIsO

Post a reply

: