BlackRock intends to reduce its workforce by 3%

<h1 class="d-none">BlackRock is planning to lay off 3% of the workforce</h1> <h2 class="d-none">BlackRock plans to cut three percent of its personnel</h2> BlackRock is planning to lay off 3% of the workforce

BlackRock, the world’s largest asset manager, is planning to slash its global workforce in the coming days, according to the latest report

BlackRock intends to lay off about 600 employees or about 3% of its current workforce, as part of routine internal changes

BlackRock takes This move while the firm expects to receive positive news from the US SEC on its Bitcoin spot exchange-traded fund (ETF)