Mr. Johnson always appreciated his employees and we felt we were part of a company that cared about us. Fidelity also cared about our families by having book fairs for our children, circus tickets, Boston pops tickets, summer family outings etc. Those days are long gone since his retirement. We do not feel proud saying "I work for Fidelity". Fidelity pushes long time employees out the door and does not care about all the experience walking out the door. Fidelity wants cheaper, young, inexperienced employees, and they are getting what they pay for, employees that have no loyalty or care about the company image. Hope this company is saved somehow.
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Abby is a mediocre leader at best. She will not run the company into the ground but she's nowhere as creative and insightful as her father. Does anyone believe for example that Fido would be a player in bitcoin if Abby was in charge back then instead of Ned.
What the author doesn’t mention (or doesn’t realize) is that the business is totally different now. The profit margins during Ned’s reign were obscenely unbelievable. The margins since approximately 2007 have come under increasing and unrelenting pressure. This will continue to be the case for many reasons. Bottom line is that since the Great Recession of ‘08-‘09 the book fairs et al went by the wayside due to the above.
Yes. Fido continues to generate large profits in dollars. Abby’s goal is to preserve margins best she can when the next bear hits.
Abby has doomed Fido to mediocrity and does not value loyalty, just lip service.
Some Millennials are now turning 40 years old and have kids, older parents, kids schools, mortgages, all things most people griping on thelayoff went through. Never saw you coming? Some of them and gen Zs can be kids of people working at Fidelity..perhaps even kids of people complaining here. In a couple of years we'll be hiring kids who weren't even born when 9/11 happened. This is how aging works. Younger generation displaces older ones. Millennials will take over from Gen X, who took over from boomers. Eventually Gen Z will displace millennials. And then the millennials own kids will displace the Gen Z. Circle of life.
Wow, these millennial are soft … how easy they get triggered. I’m in their minds and they never saw me coming. Lol
Every generation has had their gripes on the young/cheap/know-nothings. You got old..such is the way of the world. Any company that stops hiring a pipeline of fresh graduates is basically looking at eventual shut down and going out of business. Be glad Fidelity is still hiring at all levels. Accept getting old and stop being so bitter.
Um, they never gave a sh!t about you. You just had your red pill late.