Fidelity International (fund manager) cuts 500 jobs in China

Reuters report, citing unnamed sources on Fidelity International (investment management services including mutual funds, pension management and fund platforms) is cutting around 500 jobs in China:

• largest downsizing in recent years
• cuts seem mainly in Dalian tech/operations centre

This article was written by Eamonn Sheridan at www.forexlive.com.