Fidelity Investments plans to shutter its offices in Marlborough and move almost all of the 1,100 jobs there out of state. Above, a Boston Fidelity office.
(Jb Reed/Bloomberg News)
Corporate giants’ goals at odds with American dream
Fidelity Investments plans to shutter its offices in Marlborough and move almost all of the 1,100 jobs there out of state. Above, a Boston Fidelity office.
(Jb Reed/Bloomberg News)
RE “FIDELITY to shift more out of Mass: 1,100 jobs affected in Marlborough’’ (Page A1, March 16): It’s clear that the goal of corporate behemoths to prosper is incompatible with the goal of providing stable employment that allows the people of this country to support themselves and their families. The way companies make money these days is to constantly reduce and move their labor forces. That’s the name of the game: automate, streamline, trim your labor force, and cut benefits.
The only way to create good jobs is to create them. We should stop throwing public resources at big companies to beg them to give us some jobs. Instead, we should use those resources to create jobs directly through public enterprises, public jobs programs, and public support for small businesses that do provide local employment.
Let the Fidelities and Bank of Americas and Raytheons of this world go their own way along with their hot-shot experts and big-bonused CEOs. We have our own work to do right here. There are a thousand things that need to be done in this state, other than working the stock market, and there are thousands of us ready to do them. So let’s get to work.
Paul Shannon
Somerville 
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