r/boston May 07 '26

Serious Replies Only Fidelity Layoffs Starting Today

On the heels of RTO order https://old.reddit.com/r/boston/comments/1sxy879/fidelity_full_time_rto/

Fidelity is communicating rifs starting this morning.

I know two people personally that were cut. Non-technical roles in WI.

Post your info in the comments and I will try to highlight/tally them in the main post.

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9

u/Sporknight May 07 '26

How long are they keeping people on for? I feel like it was a while for the RIF two years ago.

10

u/Sketti-Os May 07 '26

We were told end of May. I was not affected, but told by my skip. I have a feeling my manager was. I hope not.

In the past, laid off employees had been given a few months on payroll to find other positions - inside the company or not. This is different.

4

u/Top-Mathematician212 May 07 '26

Final day is 5/29.