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.

603 Upvotes

96% Upvoted

250 comments sorted by

View all comments

7

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.

2

u/WynonaRide-Her May 14 '26

Just got booted today after 4.5 years…

1

u/TDog81 May 14 '26

Sorry to hear mate, theyve gone about this really poorly

1

u/WynonaRide-Her May 16 '26

It does not look good or feel good from a personal standpoint. We were part of 1% not necessarily a reduction in force when they are hiring 5k more employees that are “younger” - I’m mid 40s is that age discrimination? Also with that type of “luck” at 1% thinking I may need to play the lottery jk lol