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Market Chatter: BlackRock to Eliminate About 300 Roles in Second Round of Job Cuts
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Market Chatter: BlackRock to Eliminate About 300 Roles in Second Round of Job Cuts
Jun 6, 2025 5:50 AM

08:19 AM EDT, 06/06/2025 (MT Newswires) -- BlackRock ( BLK ) is planning to eliminate about 300 roles in its second round of job cuts, Bloomberg reported late Thursday, citing sources with knowledge of the plan.

The job cuts this month will amount to a little more than 1% of the asset manager's headcount, which stood at 22,600 employees at the end of March, the news outlet added.

BlackRock ( BLK ) declined MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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