This is what absolutely infuriates me. Fidelity is laying off people while profits are skyrocketing. Why? How can this be anything else but pure greed?
Fidelity Investments pulled in $5.3 billion in operating income in 2017, a record for the company and a 54 percent increase over the previous year, according to its annual report published Tuesday.
The record profits came in a year in which more than 1,500 senior employees took voluntary buyout offers from the firm, and hundreds more were involuntary laid off
https://www.bizjournals.com/boston/news/2018/02/27/in-year-of-buyouts-and-layoffs-fidelity-s-profits.html