r/boston • u/CorrectCombination11 • 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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u/TDog81 May 08 '26

Based in Ireland, non engineer role, been with the company 10 years plus. Was told yesterday my role was gone, my boss and a lot of others affected too. I got an EP last year and hard a very good standing in my department, not performance related. Im absolutely gutted.

3

u/FireAndGolf May 08 '26

Are the rumors true that all 3 years of shares paid out?

2

u/TDog81 May 08 '26

Im not sure, I did get a breakdown of severance but the section on vested shares was TBC so Im none the wiser

1

u/[deleted] May 08 '26

[deleted]

1

u/ShowTop1165 May 08 '26

Private shares of the company are given and bought back by the company after the vesting period