Fidelity says lays off 250 employees
202789
Fidelity Investments, the world's  biggest mutual fund firm, has made a second round of layoffs  due to the ongoing restructuring at the group and axed about  250 jobs, a spokeswoman said on Friday.
428382
Putnam Investments yesterday said it will dismiss another 100 employees in a cost-cutting move to reflect its smaller size after an employee-trading scandal cost it tens of billions in investors' funds.
472966
Stricken hedge fund group Amaranth Advisors LLC said it is laying off about half its staff to cut operating expenses as it liquidates its portfolio in the wake of the worst hedge fund loss ever.
703018
Fidelity National Financial Inc., a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, announced it will take over InterCept Inc.
242217
AOL laid off more than 450 employees at its corporate headquarters yesterday as part of plans announced earlier this year to cut costs and change the company's business strategy.
50146
Marsh & McLennan Cos., the insurance  broker at the center of a bid-rigging scandal, on Tuesday said  it will lay off 3,000 employees, or 5 percent of its work  force.
647229
By Brian Bergstein Associated Press  BOSTON - IBM Corp. laid off 1,570 people Wednesday, primarily from an ongoing overhaul of operations in its giant technology services unit.
688057
Putnam Investments said Monday it will cut about 100 jobs, an announcement that came a week after parent company Marsh &amp; McLennan Cos.
218805
Battered by a downturn in the housing market, the company is laying off 500 workers at its headquarters in Atlanta, or about 10 percent of its work force there.
501521
CompUSA has decided to close 126 of the 225 electronics stores it operates in the U.S. and Puerto Rico as part of a massive realignment aimed at cutting costs.
279145
HSBC Holdings Plc , Europe's biggest bank, said on Friday that it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking $945 million in charges and write-downs, because the business is no longer sustainable.
413979
DALLAS -- Belo Corp. said yesterday that it would cut 250 jobs, more than half of them at its flagship newspaper, The Dallas Morning News, and that an internal investigation into circulation overstatements
553133
BOSTON -- IBM Corp. laid off 1,570 people Wednesday, primarily from an ongoing overhaul of operations in its giant technology services unit.
450711
About 250 employees of the General Services Administration are being transferred out of an acquisition program where work has fallen off, officials announced yesterday.
635192
Fidelity International Ltd.'s chief executive, Barry Bateman, said clients have withdrawn about $3 billion from the firm's European Growth Fund since manager Graham Clapp said at the start of the year that he was quitting.
343591
Belo Corporation Wednesday announced that it will cut 250 jobs by Nov. 1, most of them at the companyâs flagship newspaper, The Dallas Morning News.
500527
Fidelity Investments on Thursday disciplined 16 employees for violating the mutual fund giant's conflict-of-interest policies covering gifts from brokers to Fidelity's traders.