https://www.asatunews.co.id/en/fidelity-investments-job-cuts-reorganization#:~:text=Fidelity%20Investments%20announced%20on%20Thursday,technology%20and%20product%20operating%20model.
We all have pet peeves, and I suspect those of us who work (or worked) in tech have more than our share. Near the top of my bad list is agile development. Daily stand ups, scrum masters, haggling over story points... bleh
The short of it -
- agile turned into a rigid methodology that sucked the life out of our best devs,
- set low expectations, and
- tended to break tasks into 2-week chunks that greatly limited speed/scope in favor of being sure to finish in our allotted 2-week "sprint".
In any case, Fidelity is stepping away from Agile, and these layoffs seem to be those guys and gals. I suspect this change is a result of AI and wanting to innovate continuously on a larger scale.
Good on Fidelity for recognizing Agile has never been agile. Hopefully the better ones let go can pick up with AI tools now and add real value value themselves.