Fidelity Investments

The first 8-10 of my 16 years were good. Work was challenging but rewarding. New ideas and approaches were encouraged. Teams of talented, hard-working professionals defined the company. Employees were told that they were the number one asset.

Too much focus on process and too little on work that added value to the firm. Offshoring and dumping people in Texas has eliminated nearly every tech job in Boston. Any honest audit of the 'site strategy' will show that it has been an ill-conceived disaster.

The costs are much higher and very little is getting done.

There are too many of you. RIFs and offshoring have done little to fix the real problem at Fidelity. The company is a money machine that isn't forced to cut spending where it matters: in management.

There is a bloated org structure with layer upon layer of VPs and directors. When jobs were eliminated, you protected yourselves and each other while eliminating the people that did the work and helped build the company.