Saturday, January 19News That Matters

BlackRock to Cut 3 Percent of Its Workforce in Coming Weeks: Memo

BlackRock to Cut 3 Percent of Its Workforce in Coming Weeks: Memo

BlackRock Inc, the largest fund manager in the world, plans to cut 500 jobs, or 3 percent of its workforce, in coming weeks, according to a memo reviewed by Reuters on Thursday.

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