bing news | BlackRock cuts approximately 200 roles globally as 'quieter rightsizing' becomes the norm AI generated summary, Read the full article for complete information. BlackRock is eliminating about 200 positions—under 1% of its staff—in its latest round of rightsizing, marking the fourth wave of layoffs in the past 18 months under CEO Larry Fink. The cuts, which span investment, operations, technology and the firm’s private‑credit platform (bolstered by its 2025 $12 billion acquisition of HPS Investment Partners), are part of an ongoing review of staffing needs across all business lines as the asset manager adapts to client demands. After pausing layoffs during the pandemic, BlackRock resumed reductions in 2023 and carried out two further rounds last year, each affecting roughly 1% of employees; the company now oversees about $14 trillion in assets. Read more: https://cryptobriefing.com/blackrock-cuts-200-roles-globally/ #BlackRock #LarryFink #HPS