The Boston based mutual fund manager Fidelity Investments has just announced 1,700 more job cuts, bringing the total to 3,000 jobs lost of its 44,000 total work force, or 7% aggregately. The new job cuts will take place threw January to March 2009. Fidelity also cut 800 jobs earlier this year. The new move is part of a cost cutting plan after serious losses as a result of the financial crisis. Click here to view commentary from Fidelity about the financial crisis.


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