Fri, 14th November, 2008 - Posted by
Source: Bloomberg.com
Fidelity Investments, the world’s largest mutual-fund manager, will eliminate about 1,700 jobs in the first three months of 2009, after announcing the dismissals of 2.9 percent of its employees last week.
Together, the 3,000 job cuts represent 7 percent of the workforce, Anne Crowley, a Fidelity spokeswoman, said today in an interview. Boston-based Fidelity has 44,440 employees.
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