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$9 trillion Wall Street giant BlackRock to cut 600 jobs as CEO Larry Fink sees industry changing faster than at any time since the founding

BlackRock Inc. will dismiss about 600 employees, or roughly 3% of its global workforce, as it seeks to reallocate resources amid rapid changes in asset…

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BlackRock to lay off 600 employees in cuts that amount to 3% of workforce

BlackRock to lay off 600 employees in cuts that amount to 3% of workforce
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World Street | Google s Patent Battle; BlackRock s Staff Cuts; Korea s Jobless Surge; China s Population Drop

From Google s lawsuit, Microsoft s EU scrutiny, Germany s retail crisis, potential acquisitions to global demographic shifts, economic forecasts, and corporate strategies amidst job market challenges, here s a sneak peek into the world of business and economy

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BlackRock cuts 3% of global workforce, citing dramatic industry shifts

The world’s largest asset manager said it still expects to have a larger staff by the end of the year, even with the cuts, as it expands certain parts of the business.

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BlackRock to Layoff 600 Employees, Citing New Technologies will Transform the Industry

CEO Larry Fink and President Rob Kapito stated the industry’s rapid change, citing "new technologies are poised to transform our industry.” Read more.

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