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Fidelity to axe 5% of staff.

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| October 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial News (Daily))

Fidelity, the biggest US mutual fund manager confirmed hefty job cuts after a lengthy equity bear market stripped the value of its assets under management and put pressure on fees.Fidelity announced on ...

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