MutualFundWire.com: Globe Analyzes the Impact of Fido Moving
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Thursday, March 24, 2011

Globe Analyzes the Impact of Fido Moving


Fundsters wondering what Fidelity's [see profile] decision to leave Marlborough in 2012 will mean for Massachusetts may want to take a look at the Boston Globe. Today Todd Wallack notes that, since Fidelity is moving the Marlborough jobs to Boston, New Hampshire and Rhode Island, many of the 1,100 people affected could continue to live in the same place and simply change their commuting habits.

And Fidelity spokeswoman Anne Crowley confirmed to the Globe that the Boston Behemoth planned the move because of excess vacant office space.

"This was a decision on how to consolidate our real estate," Crowley told the Globe.


Printed from: MFWire.com/story.asp?s=36355

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