Can’t speak to fidelity investments but… sometimes when companies are trying to cut costs they just lay people off that are making too much money (tenured employees with a pension, etc. ).

F idelity investments eliminated about 700 jobs earlier this week, marking the financial company’s first round of layoffs since 2017.

That’s not the shocking part.

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Free Fidelity funds are flying off the shelves - InvestmentNews

Less than 1% of the boston investing firm’s workforce were.

I work at the phone site and i moved 2 hours away from the office when covid hit.

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Fidelity investments’ decision last week to lay off 760 employees, or 2% of its work force, might trigger a wave of additional bloodletting in the mutual fund industry.

Listen for the latest news, whenever you want it, covering global business stories around the.

Fidelity international is planning to lay off around 1,000 employees globally in an effort to streamline costs, the money management firm confirmed to forbes on wednesday,.