Fidelity Trimming 460 Jobs; Will Outsource Printing

BOSTON—The in-plant operations of Fidelity Investments will see their employee roster reduced by upwards of 500 printing and mailing workers following announced layoffs, The Boston Globe reported. A Fidelity spokesman told the paper that 400 positions would be eliminated from its Covington, KY, operations, with another 60 jobs lost from the Grapevine, TX, plant.