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Fidelity Investments to offer buyouts for older employees

A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder/File Photo Fidelity Investments plans to offer voluntary buyouts to employees who are 55 years or older, and who have worked for the Boston-based... More »

Ericsson plans to lay off thousands to cut costs: newspaper

STOCKHOLM Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large, additional cost cuts due to slowing markets, newspaper Svenska Dagbladet (SvD) reported on Tuesday citing anonymous sources. After quarterly p... More »

Bloomberg to ax about 100 editorial jobs: New York Post

Financial news agency Bloomberg plans to cut about 100 jobs in its editorial division, the New York Post reported. The announcement could come as soon as Labor Day in early September, the Post said, citing sources. Many of the layoffs will affect political and... More »