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BlackRock to slash hundreds of jobs — latest Wall Street biz to kick off 2026 with firings
New York Post· 2026-01-13 15:39
BlackRock is reportedly slashing hundreds of jobs across the company, making it the latest Wall Street giant to start the New Year with sweeping layoffs.The world’s largest asset manager plans to cut 250 jobs, or roughly 1% of its global headcount, across its investment and sales teams, sources familiar with the matter told Bloomberg. It’s unclear when the layoffs may take place or what is the driving force behind them, though rival banks and asset managers have linked job cuts at their own businesses to re ...