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BlackRock plans to eliminate 500 positions in round of job cuts

blackrock job cuts

The firm will dismiss about 2.5% of its global workforce after grappling with sharp declines last year in equity and bond markets.

BlackRock Inc. plans to dismiss about 500 employees, roughly 2.5% of its global workforce, after the world’s biggest asset manager grappled with sharp declines last year in equity and bond markets.

“The uncertainty around us makes it more important than ever that we stay ahead of changes in t

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