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Another round of layoffs has arrived at BlackRock’s doorstep. New reports have emerged on BlackRock’s headcount reduction attempts to bring numbers back down to more manageable levels, with 300 employees lined up on the chopping block. Marking BlackRock’s second job cut in 2025, the company is planning on bringing down its global workforce by
about 1%. Similar cuts were conducted earlier in the year, despite the company having also expanded its employee count recently. This is likely due to the inflated headcount following its multiple acquisitions and suggests the company is shifting its focus to different roles and turning around