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

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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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