Fidelity Layoffs 2024 Lok. Fidelity investmentscut about 700 jobs this week, its first headcount reduction in seven years. Fidelity international is planning to lay off around 1,000 employees globally in an effort to streamline costs, the money management firm confirmed to forbes on wednesday,.

Fund management giant fidelity international plans to cut around 1,000 jobs globally in 2024, about 9% of its workforce, to save $125 million annually. As we begin 2024, investors increasingly believe inflation has been defeated without instigating a significant economic downturn.