“Chief Executive Officer Laurence D. Fink said in January that the market swings at the start of this year may put pressure on companies to eliminate jobs. Revenue at BlackRock is forecast to grow just 1 percent in the first quarter and decline in the second quarter, according to 11 analysts surveyed by Bloomberg. The only other time BlackRock cut jobs on a similar scale was in 2013 after a reorganization, though it ended that year with a higher headcount.”
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