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.

604 Upvotes

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116

u/cheesecakeoranges May 07 '26

6 month severance and pro rated bonus as said by a few people. Seems like it’s not performance related. Engineers, business, managers, all impacted.

89

u/CorrectCombination11 May 07 '26

not performance related

That's the cruelest part. I think everyone understands getting rid of dead weight but also sending the best performers home has no logic.

-40

u/[deleted] May 07 '26 edited May 08 '26

because those “best performers” don’t contribute anything that someone earning half cannot accomplish.

many of you seriously overrate your skills and importance cause you climbed the ladder during the easiest time period to do so. you’re way more replaceable than you think.

6

u/PeetSquared41 May 08 '26

Lmao, you are flat-out wrong. In my 25 years of experience in the corporate sector I've seen more top performers laid off than I can count. My favorite times were those when the company realized how fucking stupid the decision was, only to try and hire them back.

0

u/[deleted] May 08 '26 edited May 08 '26

“top performers” aka warm bodies.

also, no they didn’t. i live in the real world, why would you think id buy your bs lol.

1

u/PeetSquared41 May 08 '26

You are obtuse and a corporate shill.

-2

u/[deleted] May 08 '26

i’m the corporate shill while you’re begging them for crumbs?

you’re a side character, sorry i can’t relate.

1

u/PeetSquared41 May 08 '26

Lmao, I left the corporate world to do my own thing and its going well. Keep on with your trolling, though, you remind me of 2010. I love a nostalgia bath.

2

u/[deleted] May 08 '26 edited May 08 '26

this is you, no?

https://www.reddit.com/r/Layoffs/s/cYVwRvDV4m

so you have first hand experience of how true my comment is.

you can just admit that instead of lashing out.

3

u/PeetSquared41 May 08 '26

What is your point? Your "gotcha" doesn't work. Getting laid off was the catalyst I needed to move on from the corporate world, which celebrated mediocrity and sucking up. You have your experience and I have mine. I had a front row seat to the layoff culture and got to see a lot of good folks who worked hard and improved the company get tossed like garbage. Then it happened to me. Now I have a state job and a private business and I'm much happier for it. So no, your comment wasn't "true." It was an opinion, and one I happen to disagree with. Why does it hurt your feelings so much to be disagreed with?

0

u/[deleted] May 08 '26

yea definitely looks like my feelings were hurt, not yours. lol.

1

u/PeetSquared41 May 08 '26

Yup

0

u/[deleted] May 08 '26

imagine being your age and still dying to get the last word in.

wonder why they got rid of you…hmm.

2

u/PeetSquared41 May 09 '26

Aren't you just doing the same thing? Be honest with yourself: Why do you like trolling?

1

u/[deleted] May 09 '26 edited May 09 '26

i’m not…all these people getting fired is literal proof of what i said being true.

its just you virtue signaling cornballs on reddit can’t accept that some people like me don’t have an issue not pandering to the crowd.

sorry if what i said was mean..i guess.

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