Fidelity dumping IT staff as Tower project winds up
Chief executive admits poor communication.
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Fidelity Life is cutting its IT staff from 59 to around 30.
Chief executive Milton Jennings tells NBR that nine contractors will not see their contracts renewed, and about 10 permanent staff will lose their jobs.
Fidelity bought Tower's life insurance business for $189 million in late 2013.
Mr
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Chris Keall
Thu, 23 Jul 2015
Thu, 23 Jul 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Fidelity dumping IT staff as Tower project winds up
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