![](https://media.nbcboston.com/2022/05/fidelity.png?resize=320%2C180&quality=85&strip=all)
Fidelity Investments laid off 700 employees earlier this month.
On March 7, the Boston-based investment giant notified the affected employees that their "roles were being impacted."
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Fidelity did not disclose how many of the affected jobs were based locally, but said that the cuts affected less than 1% of Fidelity's total global workforce.
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