Fidelity Investments is laying off 550 workers, most of them among its 5,700-employee facility in Merrimack, N.H., where mutual fund and human resource customers are served, according to various reports.

Fidelity Spokeswoman Anne Crowley said the layoffs occurred as a result of restructuring in the customer service department. Other workers, meanwhile, are relocating in Albuquerque, N.M.

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