Topics regarding layoffs at Fidelity Investments

Topics regarding layoffs at Fidelity Investments

Standards of Care

Once what was a fulfilling career to support clients and their G2 G3 on their journey to and thru retirement has now turned into an exercise of making sure to click the required buttons to get credit for making sure you get the '"income". What is... — read more 


Job openings at Fidelity

Looks like there are about 88k employees at Fidelity and only about 800 job openings. According to AI stats available online, a company that has over 80k employees should have between 1,600 to 4,000 open positions at any given time. This represents... — read more 


Data Scientist Role

In the contemporary landscape of Large Language Models (LLMs) and proliferating open-source options, the functional reality of many specialized AI teams has shifted dramatically. What exactly is this role today? Rather than serving as core creators... — read more 


RTO - ya but not for some VPs

Been noticing some VP roles posted as "remote". That seems odd. Like are they just posting it as remote and then giving it to someone who is already here that wants to be remote.


#VP

New Mexico Site

What is happening with the Albuquerque site? My friend tell me they do not get profit sharing there and some other benefits. He also say they have to share the building with a government agency. This sounds very strange to me. Is this really true?... — read more 


In the coming months

I foresee a loosening of the restrictive FT RTO because of a few factors. One being that the malcontents would’ve left. Two they will have replaced them with newbies willing to crawl in everyday, but the drawback of the newbies is the brain drain... — read more 


CFO

Behind all of this? Seems since he took his recent post that’s when our RTO accelerated. He’s making a name for himself to take the Abby slot Never good when family owned CEO leaves any company. There goes the legacy and the loyalty. This guy to... — read more 


With RTO, weekend support?

We have a release every other Saturday and it takes most of the day in validating etc. they dont pay us extra and it is said its part of your job. Why should we support this since that would mean extra hours put in every other weekend with no... — read more 


Migration of Legacy Apps to Cloud

Can someone please provide an update of legacy mainframe apps and code to the Cloud? Is it still su-king up resources and cash? Is it stable? What are current milestones? What pieces remain? How much is hybrid (mix of old/new).


2nd Job

I’m thinking about secretly taking a non IT job without Fidelity knowing, as I don’t think it’s any of their business. Has anyone done this? Will they find out, and if they do, what are the repercussions? I really need the extra income. My husband... — read more 


Notified today Boston.

Some are being advised of wtc ot staying at 245 today. This is the silent layoff. Suddenly after years of flexibility it’s now hardline? Be careful Abby you might’ve bitten off more than you can chew. Consultants aren’t embedded they are... — read more 


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