Sunday, November 16, 2008
Sustainable?
News Headline:
Fidelity to cut 1,700 jobs in 2nd round of layoffs
Fidelity Investments will eliminate 1,700 jobs early next year in a second round of cuts at the nation's largest mutual fund company, which has seen its money management fees decline along with the markets.
Combined with 1,300 cuts that Fidelity announced last week, the second round disclosed Friday will eliminate about 7 percent of the company's work force of about 44,400...
If I made the decision to go last year, what would happen to me now? That is why I always stress the importance of sustainability.
Fidelity to cut 1,700 jobs in 2nd round of layoffs
Fidelity Investments will eliminate 1,700 jobs early next year in a second round of cuts at the nation's largest mutual fund company, which has seen its money management fees decline along with the markets.
Combined with 1,300 cuts that Fidelity announced last week, the second round disclosed Friday will eliminate about 7 percent of the company's work force of about 44,400...
If I made the decision to go last year, what would happen to me now? That is why I always stress the importance of sustainability.
# posted by Birdie @ 10:43 PM 
