Fidelity Investments
PRIVATEThe Filing Footprint Is Bigger Than One Legal Name
Fidelity Investments needs to be read through its public employer-name boundary: Fidelity Technology Group LLC, including its d/b/a Fidelity Investments rows, plus FMR LLC and Fidelity Investments Institutional Operations Company in the DOL records.
Across FY2020 through FY2025, those rows add up to 10,028 Labor Condition Applications. Including the FY2026 partial-year rows, the total reaches 10,575. FY2025 alone accounts for 2,275 LCA filings.
The USCIS series shown here totals 5,299 approvals across the available approval rows. Where FY2025 rows are initial approvals only, the page labels them that way. LCA filings are not headcount, hired workers, or proof that a specific American worker was replaced.
14 total denials across all years (0.1% of filings) - too small to display on this chart.
The Employer Boundary Drives the Count
Fidelity Technology Group, LLC is the largest filing name, but the full public footprint depends on combining the affiliated employer rows used for this page.
The peak year in the full-year series is FY2025, with 2,275 filings. FY2026 currently shows 547 rows and should be read as a partial-year value, not as a final decline.
This site no longer charts H-1B filings as a share of workforce. The ratio can blur U.S. employees, global employees, contractors, and offshore delivery headcount into one denominator.
Rows with a disclosed U.S.-employee denominator available here: 0. The analysis now uses filings, approvals, wage, worksite, and title concentration instead.
Workforce Context, Kept in Bounds
Fidelity announced a roughly 1% global workforce reduction in 2024, about 1,000 people against its 100,000-person headcount, framed as upgrading its technology teams. At the same time it remained one of the top H-1B employers in North Carolina, with 2,249 LCA filings in 2025 through Fidelity Technology Group alone. The structure is worth noticing: the sponsorship runs through a dedicated technology entity, so a search for 'Fidelity Investments' undercounts the footprint. Roles cluster in Senior and Principal Software Engineer titles in Durham, Westlake, Merrimack, and Boston.
The public workforce story belongs next to the filing volume, but it does not turn every LCA into a replacement claim.
The 2024 reduction was not publicly linked to visa hiring, and no enforcement action against Fidelity appears in the records used here. Filing volumes and wages are from public DOL records.
The Labor-Market Signal Is in the Job Mix
The leading occupation is Software Developers, and the leading job title is Senior Software Engineer/developer; those roles show what part of the labor market the filings reach.
For FY2025, the average H-1B wage in the filtered salary extract is $124,397, compared with an average prevailing-wage benchmark of $122,963. That is a $1,434 spread over the legal wage floor.
Where the Filings Reach the U.S. Labor Market
Durham, Nc leads the mapped worksite list with 4,796 rows for this employer boundary.
Green Cards Add the Long-Term Tie
The PERM layer adds 1,216 labor-certification cases from FY2020 through FY2025, including 522 in FY2025.
PERM records are a different process from H-1B petitions, but they matter because the sponsorship timeline can tie a worker to an employer for years.
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| Title | Count |
|---|---|
| Senior Software Engineer/developer | 2,435 |
| Principal Software Engineer/developer | 1,912 |
| Senior Full Stack Engineer | 588 |
| Principal Full Stack Engineer | 477 |
| Director, Software Engineering | 351 |
| Software Engineer/developer | 283 |
| Director, Architecture | 213 |
| Principal Data Engineer | 206 |
- LCA filings and salary data: DOL OFLC disclosure rows mapped by the employer-name boundary used for this investigation.
- H-1B approvals: USCIS H-1B Employer Data Hub CSV rows for FY2020-FY2023, plus FY2025 hub initial approvals where available.
- PERM data: DOL OFLC PERM disclosure rows mapped with the same employer-name boundary.
- Boston.com coverage of Fidelity's 2024 workforce reduction; News & Observer reporting on Fidelity's North Carolina H-1B hiring; Ellis employer profiles for Fidelity Technology Group LLC, retrieved July 2026.
- BLS wage comparison: OEWS May 2023 national median for software developers.
Caveat: LCA filings are not H-1B petitions or hired workers. FY2025 USCIS hub rows are initial approvals only, so denial rates are not computed for those rows.