Asset Management

Fidelity International to axe 1,000 jobs globally

The cuts, which represent around 9% of Fidelity International's global workforce, will be spread across all business lines and regions

Fidelity becomes the latest big investment house to cut jobs
Fidelity becomes the latest big investment house to cut jobs Photo: LightRocket via Getty Images

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Fidelity International, the $776bn asset management group, is cutting 1,000 jobs across its global business, becoming the latest investment house to take the axe to headcount during a brutal period for the sector.

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