Fidelity To Move 1500 Jobs Out of Massachusetts

Today is beat up on Massachusetts day here at NewsAlert.The Boston Globe reports:

Fidelity Investments said yesterday it plans to move up to 1,500 jobs out of Massachusetts by 2008, a step likely to reignite a regional development rivalry among New England states.


Fidelity spokeswoman Anne Crowley said the mutual-fund giant told roughly 800 employees of its personal investments group that their jobs will move to locations in Rhode Island in stages by 2008.

Heh.