The one thing that made this company so fantastic to work for, and dare I say it made people proud to work for, was that it was not like every other US company. It didn't have overindulgent CEO and EC members. It didn't follow the negative paths that so many for-profit companies did, where nothing else mattered except the bottom line. There was a genuine attempt to take care of employees and they were a priority, at least for the most part.
However they are just like the rest of corporate America now, and not in a good way. The obligatory excessive entitlement of the CEO? Check. The trickle-down entitlement to the EC? Check. The chaotic disregard for spending at the top while chastising the bottom? Check. The entitlement is even bleeding into ranks below the EC. Not that this area was ever free if it, but it is so much more prevalent now. It is sickening to see us becoming just like every other financial institution.
They are absolutely blowing money at the top, while asking the rank-and-file to tighten their belts. Virtue signalling has become more important than the customers. Ironically, the excuse is that this is FOR the customer and making us stronger through diversity.
We have lost our moral compass, wondering around the landscape looking for the next virtue-signal.opportunity.
Get your act together. You are a financial institution. Start acting responsibly towards the goal of your participants, which is to maximize their retirement!