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Our entire company (48k people) is all first name basis. I dislike it because it suggests that there isn't such a rigid heirarchy, when in fact there is.
Pretty much the same for me. The company is > 100 years old, so in my case, this probably evolved over time.
In my case, the bulk of the middle to upper middle management that I work with are MDs and PhDs and I hate that it's not a given to call them Dr xy. That sort of accomplishment doesn't seem to carry as much public currency as I suspect that it once did...