Indicating that it is only the first of at least two immediate job cut waves,
Global economic conditions and the unsettled nature of the worlds stock markets all year long have required businesses around the globe and across all industries to examine their operations and make adjustments, Fidelity said.
Fidelity has asked its executives to review their divisions, prioritize initiatives and examine all costs to ensure the company is well positioned for the future to provide the same superior service and quality products that the people who do business with us expect and deserve.