So the pullback in ESG firms continues, eh?
John had a post in December about corporations and campuses who were beginning to get pushback on their DEI initiative. BlackRock was one of those named, d.
BlackRock is laying off around 3% of its global workforce to best position itself for a "new environment," chief executive Larry Fink and president Rob Kapito announced in a memo sent to staff on January 9.
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…