Rumor mill says Fidelity to lay off workers in China and India due to those countries support of Russia. Expected to close some shops and concentrate remaining workers to single location.
5 replies (most recent on top)
Lol...I doubt they will do this.
Good , at least now I will be able to under tech support, “press the button here “.
Good, India is buying Russian oil and are one of the most polluted countries in the world. I'm sure Fidelity does not want the bad press of paying employees who are buying that oil. SO in a roundabout way Fidelity is helping Russia.
https://www.cnbc.com/amp/2022/04/01/russia-and-the-west-battle-to-get-china-and-india-on-side-in-the-war.html
I heard there were talks within the investment community to exert pressure on countries who support Russia.
We’ll see where it leads.