BlackRock Inc. reduced its workforce by nearly 200 people. This reduction impacts less than one percent of its global staff. CEO Larry Fink prefers ongoing, smaller workforce adjustments. This represents the fourth reduction in staff over 18 months. The company is reorganizing after years of growth and acquisitions.
https://finance.yahoo.com/markets/stocks/articles/blk-stock-blackrock-reportedly-cuts-002716602.html