Fidelity's CEO Says Firm Has ‘No Tolerance For Harassment’

  • CEO issues internal video to all 40,000 firm employees
  • Firm dismissed two managers because of inappropriate acts

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Fidelity Investments Chief Executive Officer Abby Johnson, facing a series of workplace harassment allegations at her firm, promised employees Monday that she will act to end such behavior.

Johnson, in a video made available to the firm’s 40,000 employees, said: “We have no tolerance at our company for any type of harassment. We simply will not, and do not tolerate this type of behavior, from anyone.”