Fidelity Layoffs
Fidelity Layoffs are to begin from the mutual funds giant Fidelity Investments. The layoffs are expected to happen today, this comes from very close to the situation.
The Fidelity layoffs are projected to include around 200 people. Now this is not a large number of people considering the total number of people employed by Fidelity. The company employees [...]
Stanley O’neal Steps Down, Alberto Cribiore Leads Search For New Merrill Lynch CEO
Stanley O’neal has stepped down as CEO of Merrill Lynch. Director of the board for Merrill Lynch Alberto Cribiore leads the way in the search for a new CEO.
Stanley O’neal comes under fire after Merrill Lynch reported an $8.5 billion write-down last week. This far exceeded projections Wall Street projections and is the biggest lost Merrill [...]
