May 08 2026BUSINESS
Fidelity’s Shift: 1, 000 Jobs Cut as Tech Teams Expand and Boston Staff Return
"Fidelity announced a plan to reduce its global staff by about 1 % – roughly 1, 000 positions – while simultaneously expanding its technology and product teams. The company says the cuts are part of a broader “evolved operating model” aimed at speeding up new product development, not at trimming cos
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