Fidelity Investments, one of the largest financial services companies in the world, has recently opened a new office location in Worcester, Massachusetts. This expansion highlights Worcester’s growing status as a hub for financial and technology companies. The new Fidelity Investments office has already created over 200 high-paying jobs in the area and promises to stimulate further economic growth.
Strategic location enables Fidelity Investments to tap skilled talent
The company chose Worcester due to its strategic location between Boston and New York, giving access to skilled and educated talent from the surrounding university ecosystem. The new jobs created include positions in customer service, operations, and technology – areas where demand for skilled workers is high.
Worcester offers attractive incentives
State and local governments offered $46 million in tax incentives over 10 years to convince Fidelity Investments to set up shop in Worcester. This includes tax credits and infrastructure grants – attractive perks that highlight Worcester’s business-friendly environment.
Expansion brings optimism for Worcester’s future economic prospects
Local leaders have welcomed Fidelity’s new regional headquarters as a vote of confidence in Worcester’s future. As one of the city’s largest private employers, Fidelity’s presence raises Worcester’s profile and could attract additional companies and talent.
The opening of a major new Fidelity Investments office in Worcester, MA brings over 200 high-paying jobs while boosting the city’s reputation as an emerging hub for financial and tech companies. With skilled talent and an attractive business environment, Worcester seems poised for strong continued growth.