Fund management giant Fidelity International plans to cut around 1,000 jobs globally in 2024, about 9% of its workforce, to save $125 million annually. The move comes amidst industry struggles to retain client cash amid market turbulence and higher interest rates. Other firms, like BlackRock, are also cutting jobs. Fidelity's president, Keith Metters, announced the cuts and a focus on core projects to deliver value to clients. The company confirmed the job cuts would be spread across all business lines and regions. Read The Rest at :