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Investment

BlackRock to cull 3% of global workforce

BY ANDREW MCKEAN | WEDNESDAY, 10 JAN 2024 12:05PM

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.

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Read more: BlackRock, Larry Fink, Rob Kapito, Financial Standard, SEC

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