![]() ![]() The company's new round of job cuts followed a recent business review process, Chief Operating Officer Rob Goldstein and Global Head of Human Resources Caroline Heller said in a memo to staff. ![]() The investment management firm has about 19,500 employees across more than 30 countries.īlackRock had cut 500 jobs earlier this year while reshaping its teams, joining several Wall Street titans in slimming their ranks to save costs amid an economic downturn caused by higher interest rates, volatile markets and geopolitical tensions. ![]() June 22 (Reuters) - BlackRock (BLK.N) has announced layoffs that would impact less than 1% of its workforce as a result of budget reallocations to support critical priorities, according to a memo seen by Reuters on Thursday. ![]()
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