Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are among those shedding staff.

The cuts are part of BlackRock’s efforts to realign its resources with the firm’s strategy, BlackRock President Rob Kapito and Chief Operating Officer Rob Goldstein told staff in a memo Wednesday.

BlackRock's president, Rob Kapito, and its chief operating officer, Rob Goldstein, said the cuts would help realign the firm's resources with its strategy, Bloomberg reported. Bridgewater has cut ...

BlackRock president Rob Kapito, 67, is also a founder of the firm. BlackRock declined to comment. Wiedman is leaving almost exactly a year after Salim Ramji, another executive who was also once ...

Jaime Magyera, also co-head of the US wealth group, will take on new responsibilities for the firm’s retirement business, Fink and BlackRock President Rob Kapito said Wednesday in a memo to ...

The retrenchment exercise is part of BlackRock's strategic realignment, as conveyed by BlackRock president Rob Kapito and chief operating officer Rob Goldstein in a staff memo. They stated ...

BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO Larry Fink and President Rob Kapito. The changes follow several major ...

The cuts are part of BlackRock’s efforts to realign its resources with the firm’s strategy, BlackRock president Rob Kapito and chief operating officer Rob Goldstein told staff in a memo on Wednesday ...

Jaime Magyera, also co-head of the US wealth group, will take on new responsibilities for the firm’s retirement business, Fink and BlackRock President Rob Kapito said Wednesday in a memo to employees.