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Downsizing related discussion, postings, questions and answers. Other than hr just being ignorant the whole point of working in the office was for face to face collaboration and casual collisions but mainly to justify fidelity's overhead cost of the locations. They are probably hoping for a layoff or vbo and they won’t have to go in for long

There have been several posts on here about people understanding layoffs are going to start in april. It is part of the risk of being a contractor. It would be unusual to have a mass layoff since we’re back in tax season

I was also just laid off from fidelity after providing unmatched dedication and effort

It was a 2 minute zoom call with absolutely no warning I couldn’t be more disgusted and have felt more disrespected by this company I have no good things to say except that i loved my team I will never recommend fidelity to anyone for employment.

If the next round of layoffs don't cull the thick leadership ranks of vps and directors, and just targets worker bees per usual, then it will become truly much more difficult a place to work and get anything done. Sales reps at fidelity are constantly facing pressure to hit their sales numbers otherwise they could potentially get fired Nothing wrong with layoffs, it cuts the fat. These are just rumors until folks start sharing actual bus

No one ever says where in the company these layoffs happened

Traditionally, and not just at fidelity, contractors are released before regular employees Part of hiring contractors is the flexibility to cancel or not renew contracts

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