Thread regarding Fidelity Investments layoffs

101 Creative Ways to Say “Get Out”

Getting fired is now like a subscription service with multiple cancellation tiers.

“Layoff” if they’re feeling honest.

“Restructuring” if they’re feeling corporate.

“Performance management” if they want you to blame yourself.

“Voluntary separation” if they want you to fire yourself.

“Attrition” if they want to pretend nobody actually did anything.

“Role elimination” if they want to make it sound like your job died peacefully in its sleep.

“Strategic realignment” if they want you to believe your career simply took a wrong turn.

“Workforce optimization” if they want to imply the workforce was somehow the problem.

“Doing more with less” if they want to give you three jobs and one salary.

“Organizational simplification” if they want fewer people doing twice the work.

At this point, the only thing being optimized is the dictionary definition of unemployment.

They don’t need an HR department anymore.

They need a thesaurus with a severance budget.


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Post ID: @OP+1m0q4fc4v

4 replies (most recent on top)

@a2

And thank you for your value-added contribution.

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Post ID: @a7+1m0q4fc4v

Great post and the descriptions are spot on.

Within advisory services it has been doing more with less- in the past 18 months became a dumping ground for added responsibilities and KPI's. I would compare it to factory work- how many widgets (clients) can you process per hour. Oh & don't forget Fidelity changed many roles from hourly to salary so that way they do not have pay when employees are working longer hours beyond 40 just to achieve the expected averages. I've been in meetings where newer associates to the role are voicing their frustration openly with feelings of being hoodwinked by the amount of requirements that is expected and experiencing buyers remorse for not staying in their previous role.

It's the same situation in which executive management is all about increasing pay & bonuses for themselves without regard to the overall health of the company and not realizing their greed decisions are causing a growing cancer of rot from within that by the time is addressed is usually when they are served their walking papers with a golden parachute but wreckage has been done & could take years to unwind and correct.

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Post ID: @a4+1m0q4fc4v

"I'd say in a given week I probably only do about fifteen minutes of real, actual, work."

"Well, I generally come in at least fifteen minutes late. I use the side door—that way Abby can't see me—and after that I just space out for about an hour."

"I just stare at my desk; but it looks like I'm working. I do that for probably another hour after lunch, too."

"I have eight different bosses right now... So that means that when I make a mistake, I have eight different people coming by to tell me about it. That's my only real motivation is not to be hassled, that and the fear of losing my job. But you know, Bob, that will only make someone work just hard enough not to get fired."

"We don't have a lot of time on this earth! We weren't meant to spend it this way. Human beings were not meant to sit in little cubicles staring at computer screens all day, filling out useless forms and listening to eight different bosses drone on about mission statements."

"It's not that I'm lazy, it's that I just don't care."

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Post ID: @a3+1m0q4fc4v

okay, thanks for the layoff information.

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Post ID: @a2+1m0q4fc4v

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