Fidelity International Announces Major Job Cuts in Dalian Amid Efficiency Drive
Analyzed 1 source • 0m ago- Fidelity International plans to cut around 500 jobs in Dalian, China.
- The Dalian centre had 574 employees at the end of 2023.
- Job cuts are part of an effort to enhance efficiency.
- FIL is also adding new capabilities in Dalian, but specifics are unclear.
- Layoffs will affect at least 16% of the mutual fund unit.
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