BlackRock Cuts Hundreds of Jobs, Trimming About 1% of Staff

BlackRock Inc. is cutting hundreds of jobs across the company, becoming the latest Wall Street firm to rein in headcount in recent weeks.

By Silla Brush, Sridhar Natarajan, Katie Greifeld · Bloomberg

BlackRock Inc. is cutting hundreds of jobs across the company, becoming the latest Wall Street firm to rein in headcount in recent weeks.