Thread regarding Fidelity Investments layoffs

Ummmm. Are you for real? You think men singlehandedly built Fidelity? At the consent of women perhaps. This thinking is the problem.

Men built Fidelity.

When women get in charge (matriarchy), the whole thing comes down.

Matriarchy leads to less aggressive culture. This leads to dismal competitive nature. This leads to a nearby patriarchy to exploit the space conceded by the matriarchy.

Matriarchy -> Lower aggression -> Concedes competitive space -> Nearby patriarchy exploits opportunity -> Matriarchy consumed by the aggressive patriarchy.

Patriarchy always wins.

yes, you can say you want about being more diverse and welcoming to women (come up with cool Youtube videos, enhance maternity leave, etc) but for Fidelity this is like trying to U-turn the Titanic. the culture is what it is, and it's pretty hard to change when it's so firmly in place. i know numerous women hired into branches who left after a short time due to the old boy and generally uncomfortable environment. what do you expect when you hire in a bunch of branch managers from wire houses? or when you promote to market leaders the ones who least espouse the values you claim you want to instill in the culture?

Just once I would love to see Fidelity accept the fact that there is an old boys club culture. Rather than trying to spread the blame around (...even the Wall Street Journal...), say that the article is completely false (saddened that this would be written), and basically just deny that the company can ever be wrong. It is double injurious in that it is run by two women.