Axios.com reports that Fidelity Investments laid off hundreds of employees last week. This follows the departure of more than 1,500 employees who accepted voluntary buyouts that Fidelity offered in February 2017 (to 3,000 employees who are at least 55 years old and have been with the firm at least 10 years). Fidelity’s global workforce numbers around 45,000.

Fidelity statement to Axios: "We are a very healthy company that continues to grow, and our record 2016 earnings underscore this fact. Beyond this, we actively manage our business and have not historically commented about hiring or reductions."

Fidelity statement to ThinkAdvisor:  "From time to time, our individual businesses may be making adjustments to their staffing levels; some may be adding employees while others may be reducing." … "We currently have hundreds of open positions that we are recruiting for nationwide."