Blackrock plans to layoff 3% of its workforce upto 600
BlackRock, the world's largest money management firm, plans to announce layoffs in the coming days of about 3 percent of its global workforce, Fox Business has learned. The job cuts of around 600 employees, which have yet to be reported, are being described internally as routine, according to a source familiar. Last year, BlackRock did a similar round of layoffs gauged on employee performance metrics, the source added. https://www.foxbusiness.com/economy/blackrock-layoffs-coming-firm-matures-esg-pullback-bitcoin-etf-approval.amp Let’s announce it on a Saturday so it doesn’t get much news headline..
Fox Business
Is it because their war machine is going bankrupt?
I doubt it they announced layoff at same period last year. It’s way to get a nice bump during earning release showing how much $$ they saved.
Lol. What state of current affairs do you think the war machine is going bankrupt. Must be a nice peaceful zen in that world
3%
That ain't much
So half the % Amazon does annually with Pips
I got an offer from them a few days back. Will they honour the offer?
And they were on my linkedin last year trying to hire me. Seriously, these companies doesnt deserve any sympathy, they do terrible planing which costs people livelihoods like it’s nothing for them.
Agree