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26.01 - 13:43
BlackRock plans to cut 500 jobs
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fnlondon.comThe world’s largest asset manager BlackRock is set to cull 500 employees from its global headcount amid deteriorating economic conditions in which markets are struggling to recover.
BlackRock’s chief executive Larry Fink and president Rob Kapito told staff about the cuts in a memo on 11 January.
“The uncertainty around us makes it more important...
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