BlackRock to trim around 1% of global headcount – report [Yahoo! Finance]
News Corporation - Class A (NWSA)
Last news corporation - class a earnings: 2/6 04:45 pm
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Source: Yahoo! Finance
The announcement, which follows an initial report by Bloomberg News, comes as part of the firm's customary review intended to enhance operational efficiency. A spokesperson from BlackRock said: “Improving BlackRock is a constant priority. “Each year, we make decisions to ensure that our resources are aligned with our objectives and that we are well positioned to serve clients today and in the future.” The company has not specified when the redundancies will take effect or provided detailed reasons for the decision, according to the New York Post. Asked for comment, Black said in an emailed statement to Private Banker International that it “do[es] not have a comment.” BlackRock has recently increased its presence in alternative investment markets. Under CEO Larry Fink, the asset manager concluded a $12bn deal to acquire HPS Investment Partners in July, adding private credit and infrastructure investment capabilities to its portfolio. The process of integrating new leader
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- 11/6/25 - Beat
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- 1/15/26 - Form 8-K
- 1/14/26 - Form 8-K
- 1/13/26 - Form 8-K
- NWSA's page on the SEC website