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Fidelity reportedly may lay off up to 4,000

Market upheaval hurting business

By Ross Kerber
Globe Staff / October 28, 2008

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Fidelity Investments acknowledged yesterday it is studying cost cutting but declined to comment on an industry report that it plans to lay off up to 4,000 employees as plunging stock markets cut into the value of its mutual funds business. (Full article: 527 words)

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