BlackRock cuts another 200 jobs, reclassifies firing people as a personality trait
- Who
- BlackRock
- What
- about 200 job cuts
- When
- June 15, 2026
- Where
- worldwide
BlackRock, the world’s largest asset manager, eliminated about 200 roles — its third round of cuts in 18 months — even as its assets reached a record $14 trillion. A spokesperson said: “The actions we are taking today are the ordinary discipline of a continuously evolving organization.” Reporting described CEO Larry Fink shifting toward a “continuous” approach to staffing rather than one-off layoffs.
“Ordinary discipline of a continuously evolving organization” is a remarkable phrase; try it at home on your landlord. The organization has evolved to fourteen trillion dollars and remains, somehow, too lean to keep 200 people. Our analysts note that “continuous layoffs” is just layoffs you have stopped pretending will end — and the discipline, as ever, is applied exclusively downward.
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