Fidelity To Continue Layoffs in 2009

Here is a brief article speaking to the continued job losses including information as of December 2008 for Fidelity Investments. One has to wonder whether or not the YTD stock market performance (worst January in the history of the stock market) will alter any plans that Fidelity made previously.

There has been chatter of certain client facing divisions laying of more than what had been expected on/or around 2/3/2009. Fidelity Daily will continue to monitor the upcoming events. Needless to say, our sources are continuing to express fear, frustration and the lowest morale in this company in years.

http://www.millionaireacts.com/711/job-cuts-around-the-world.html