Thread regarding Fidelity Investments layoffs

Reimbursement program audits continue

I got let go for admitting I returned computer items from over 3 years prior. Repurchased but eBay goes back only 3 years and PayPal 2 years. Don't think it would of mattered even if I could get them. If you are called into investigation by internal director, I highly recommend you say nothing and tell them you want to discuss with your legal council. you may be let go any way but at least you can force their hand. They may have got records from the stores without your consent which is better to show if it goes to court.

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| 77491 views | | 551 replies (last May 3, 2019) | Reply
Post ID: @OP+SUABhNe

551 replies (most recent on top)

Well it’s obvious to me at least that the person kicking those fired in the face, while they are down in the dumps, works for Fidelity and is most likely counsel. It’s refreshing to see both active and former employees are treated the same ... like dirt, expendable if it boosts margins.

What is clear is that while Fidelity tries to put themselves out like a family business run by the Johnson family, they do not treat employees like family. They obviously do not understand family dynamics at all. If a father wants to buy his son a computer, and provide the receipt to his son so he can get his company’s reimbursement for a computer which is now his own, why is the son not entitled to the reimbursement? Please show me anything, fine print, anything, in this program that says this is not allowed. Next thing you know Fidelity is going to be firing employees that use their Verizon discount on family data plans... Truth is Fidelity makes the rules up as they go...FACT! I don’t need to curse to prove a point.

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Post ID: @3uyt+SUABhNe

Anyone that got caught can look in the mirror. This was not a friends and family program - if your dad bought your computer, you ought not to be enriched. ‘They shouldn’t have accepted the receipt’ is a cop out. Those kind of people would pick up a dropped wallet and say ‘finders keepers.’ Take a little personal responsibility. Common decency and respect for yourself and your employer should guide your actions - not a ‘returns policy.’

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Post ID: @3gqd+SUABhNe

Still do not understand why someone shows up to a Fidelity Computer Reimbursement message board to curse off people that were fired unless they are 1) a very vindictive person or 2) heavily invested and involved with these firings.

Fidelity absolutely had a copy of my return receipt and fired me over a couple hundred dollars...without warning...with no return policy over the reimbursement program. I did not use someone else’s receipt.

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Post ID: @2arm+SUABhNe

Um. Nope. They absolutely had a copy of a return receipt from the Apple store. And what’s with your foul language?

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Post ID: @2vej+SUABhNe

You’re all liars. Fidelity would never do anything like that to anybody. Just because you thieves all got caught using the same receipt, like a bunch of f’n idiots, that doesn’t give you the right to spread this horsesh*t in a public forum. Fidelity does not have access to store receipts period!

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Post ID: @2zuf+SUABhNe

I just found out one of our Stellar employee of Fidelity had to resign for submitting a receipt where his Father paid for the computer and the Fidelity employee submitted the receipt to Fidelity's third party vendor who processed the discount check and the receipt had the fathers name on it. The Vendor should of rejected the reimbursement; yet they paid the funds and it was the Vendor's error. Fidelity is truly gone down hill on Ethics here the employee reimbursement should of been denied. Yet Fidelity is holding the employee responsible for the Vendor Error!!!!!! Truly pathetic management.

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Post ID: @2zpy+SUABhNe

Looks like Fidelity took down access to this link via Google Search. They have something to hide. Now when when one googles “Fidelity Computer Reimbursement” the link to this thread will not show, only links to other threads regarding the issue.

Fidelity Investments, protecting only the their management’s interest since 1946.

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Post ID: @2vwm+SUABhNe

I agree. This is not the place for those type of comments. Someone that’s not in our position purposely seeked out this board for some reason. It’s really sad. My guess is that it’s the fidelity counsel or whoever is responsible for this initiative. Somehow they are personally invested. Maybe because they know this push is wrong? I just don’t know.

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Post ID: @2cot+SUABhNe

I’d bet the farm the previous poster is Fidelity’s in-house counsel. No other explanation for a random hater to be posting vulgar comments on a random Fidelity message board the second they roll out of bed. To find this board, you need to be looking for it specifically. Just shows you the extent Fidelity goes to treat their current and former employees like their opinions do not matter.

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Post ID: @2ynl+SUABhNe

The five irrational responses in a row just proves my point that you're full of sh$t.

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Post ID: @2osp+SUABhNe

We (several) are working on it. Minute to minute. They aren’t going to continue to defame us

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Post ID: @2rdk+SUABhNe

I’m sure there is an attorney out there that would take this case on as a larger class action.

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Post ID: @2yki+SUABhNe

Exactly. They should have never had access to our private transactions.

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Post ID: @2ghf+SUABhNe

In my case they brought me in under the guise rhat rhet were doing some sort of investigation. Somehow they grabbed my private business info. My private business transactions are none of their business.

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Post ID: @2kal+SUABhNe

The last replier. That’s exactly what I experienced. I’m beyond pissed at fidelity. They solicited records under some reasoning that I won’t understand. I’m going to seek legal recourse.

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Post ID: @2ajq+SUABhNe

I’m a repeat commenter and have personal experience in this last week. If ever brought into this. Simply say “I’m not comfortable discussing this at this point. I would prefer to consult with my attorney”. Then walk out. They would have taken your badge anyways.

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Post ID: @2pbt+SUABhNe

Fidelity is not just a random company, it is believed that Fidelity had their in-house counsel subpoena records from merchants using the receipts employees submitted to determine if any computer or fitness reimbursement items were returned. They showed me my return receipt which I did not provide. No matter what the story was or the amount at issue, employees pulled in for questioning were sent on leave, and days later fired over the phone.

Why are you anonymous? You sound like Fidelity counsel trolling message boards...

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Post ID: @2yih+SUABhNe

It’s not going to be anonymous for long. I’m not one to ever sit down. The program was prettty ambiguous. The return policy was even more distantly painted. And now their claims are even more so. I cannot fathom why Apple turned over my return receipt to a 3rd party. Seems either irresponsibly on apples part, (doubtful) or some sort of misrepresentation on Fidelity’s part. Likely.

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Post ID: @2zpz+SUABhNe

What store or stores are turning over receipt information to a random company? This is all bullsh$t. If you truly feel like you were wronged and your career is over, then what difference would it make in remaining anonymous?

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Post ID: @2aor+SUABhNe

This is real. No return at all, just a "technicality" - such a sham.

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Post ID: @2byb+SUABhNe

I was let go over this computer reimbursement too this year. It was an oversight from over 4 years ago, never had any form of warnings or discipline in the past as an employee. They mark everyone up for “fraud or the wrongful taking of property” and then make you pay it back. In essence, ending your career as a broker from working at a legitimate firm.

As far as wrongful termination, there is no case. We were all at will employees. However, the manner in which they defamed everyone on their U5s, regardless of the situation, is despicable. If you are licensed, take them to arbitration.

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Post ID: @2bdm+SUABhNe

I don’t believe any of this.

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Post ID: @2wnz+SUABhNe

I was let go last week for an item purchased and returned in 2013. They were able to obtain the return receipt from Apple and presented them to me in my “interrogation” I think this is an attempt at a behind the scenes reduction in force. I know a few others in my office that were let go too. The program was ended 2 years ago so why investigate now. How they were able to obtain a copy of my return receipt from 5years ago without my permission is beyond me. I will be looking into the legality of that...

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Post ID: @1sur+SUABhNe

It shouldn’t make a difference whether you still have it, especially if they go back 3+ years. I bought workout equipment 3 years ago that I no longer have. This seems like a cheap way to get rid of people.

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Post ID: @1lez+SUABhNe

The investigator will ask you to go home and take pictures to "prove" you still own it. Which is fine if not broken as such I agree say nothing without a lawyer first.

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Post ID: @1jim+SUABhNe

The personal computer 20% perk form and no where written gives guidance on returns. Wrongful termination is hard to prove if no laws broken. If they pulled return records from stores without consent it may be worth checking with a lawyer if you can prove it.

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Post ID: @1ryq+SUABhNe

Was there something in the fine print that mentioned returns? If you bought a computer and returned it for another one, surely they can’t punish you if it didn’t specifically mention the return policy.

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Post ID: @1aoe+SUABhNe

This doesn’t make any sense. Did you use the Fidelity Rewards card? How would they possibly have access to store receipts and potential returns after the fact?

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Post ID: @1kwy+SUABhNe

Rule one: if they call you then perhaps they already have proof that you did something wrong.

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Post ID: @umt+SUABhNe

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