BlackRock to Cut 500 Jobs, 3% of Staff, Amid Market Turmoil
Dressmaking scissors and tools used in the manufacture of bespoke men’s garments sit on a cutting table at a tailors in Spain. (Photographer: Angel Navarrete/Bloomberg)

BlackRock to Cut 500 Jobs, 3% of Staff, Amid Market Turmoil

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(Bloomberg) -- BlackRock Inc. is cutting 3 percent of its global workforce, the largest reduction in its headcount since 2016.
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