BlackRock Reportedly To Eliminate 250 Jobs, About 1% Of Workforce

rttnews
2026.01.13 03:32
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BlackRock Inc. will eliminate approximately 250 jobs, representing about 1% of its workforce, as part of a restructuring amid ongoing cost pressures. This decision affects multiple divisions, including investment and sales teams. CEO Larry Fink is focusing on expanding into alternative investments and integrating new leadership following a recent acquisition. BlackRock has previously conducted similar job cuts in 2025.