Thread regarding Fidelity Investments layoffs

So true

Employee: "I was hired as fully remote 3 years ago and moved my family closer to affordable housing."

HR: "We're updating our policy. You need to report to an office 3 hours away, 4 days a week, starting next month."

Employee: "That's impossible for my commute. Is there severance if I can't relocate?"

HR: "No. Failure to report will be classified as voluntary resignation."

Two weeks later, the CEO announced a "15% reduction in force with zero severance payouts" on an earnings call to boost quarterly margins.

Mandatory return-to-office mandates were never about corporate culture……they were a back-door layoff strategy designed to strip working families of unemployment benefits.

https://x.com/Leonajardinho/status/2089329108694323421


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| 7 views | | 4 replies (last 10 days ago) | Reply
Post ID: @OP+1m0a6x4e0

4 replies (most recent on top)

@OP no $hit Sherlock

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Post ID: @n7+1m0a6x4e0

@a3 she spent it on CWP

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Post ID: @ck+1m0a6x4e0

You can predict this during the covid era

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Post ID: @be+1m0a6x4e0

Stripping working families of unemployment benefits while she decides how to spend one of her 47 billions

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Post ID: @a3+1m0a6x4e0

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