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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| BlackRock Inc | NYSE:BLK | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 780.92 | 0 | 10:11:14 |
From Nov 2023 to May 2024
--BlackRock will cut 600 employees, or about 3% of its global workforce, Bloomberg reported, citing a memo from Chief Executive Larry Fink.
--The asset-management giant expects to have a larger staff by the end of the year, even with the cuts, as it expands certain parts of its business, the report said.
--"We see our industry changing faster than at any time since the founding of BlackRock," said Fink in the memo, according to Bloomberg.
Full article at https://www.bloomberg.com/news/articles/2024-01-09/blackrock-cuts-3-of-workforce-citing-dramatic-industry-shifts?srnd=premium
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
January 09, 2024 14:39 ET (19:39 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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