The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegriis cutting up to 500 jobs, Insider reported on Wednesday, citing a memo, as Wall Street continues to downsize in the face of high interest rates that have raised the risk of a recession.
The world's largest asset manager had 19,900 employees as of Sept. 30, according to a filing with the U.S. Securities and Exchange Commission.
They've bought everything thing up now it's time to protect assets
InB4 the massive government bailout
That's pretty low for a company this size. So good job I guess?
where's the money of the REITs funds ?
BlackRock, you poor bastards😩
So much for ESG.
What were these 500 ppl doing?
Recession is here
black WHAT?!?!
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BlackRock eliminates up to 500 jobs amid market downturnInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. They should cut all of their jobs. SamRo Turndown?
Source: BusinessInsider - 🏆 729. / 51 Read more »