If you are a U.S. citizen or green card holder and feel you’ve been unjustly treated—whether through biased performance evaluations, wrongful termination, or being passed over for promotions—especially when H-1B workers are in your team, know that... — read more 

I am writing to express my urgent concerns regarding BlackRock's recent layoffs, which have disproportionately affected American workers while retaining H-1B employees in similar roles. This troubling trend not only raises ethical questions but also... — read more 

There’s been a lot of heated discussion and debate around H-1B visas lately. Strip away the politics and emotions, and the issue really comes down to one simple question: Can American workers do this job with a reasonable amount of training? The... — read more 

With Rick Rieder poised to become the next Federal Reserve Chair, the direction of U.S. economic policy is no longer ambiguous. He has stated repeatedly and publicly that the American job market must be protected and strengthened, and that current... — read more 

BlackRock must be held accountable for its recent layoffs of American workers while retaining H-1B employees in similar roles. These decisions raise serious concerns about whether BlackRock is abusing the H-1B program—by laying off qualified U.S... — read more 

BlackRock, the world’s largest asset manager, is trimming its workforce once again. According to Bloomberg, the company plans to cut about 1% of its global headcount, or 250 employees, as part of a broader effort to streamline operations. The... — read more 

If you believe you have been unfairly treated due to Blackrock abuses of the H-1B program, you should consider writing a letter to Congress, the Department of Labor, and other relevant government authorities.

Is this going to be an interesting year as it relates to BlackRock layoffs? Any chatter, news or rumors?

If your team have H1B visa holders or you notice your business is shifting more functions to India, it's important to stay cautious and alert. Many companies are now laying off American workers to reduce operational costs, and in some cases... — read more 

BlackRock has deliberately violated the intended purpose of the H1B visa by sponsoring many junior positions such as analysts and associates. These roles are typically suitable for qualified American young professionals, yet BlackRock prefers to hire... — read more 

Top asset manager BlackRock is planning a second round of layoffs this year, according to a Bloomberg News report. Citing people familiar with the matter, the report said the company intends to lay off around 300 employees, following a similar... — read more 

BlackRock Inc has announced plans to reduce its workforce by approximately 1% as part of a strategic realignment, Bloomberg reported on Wednesday. This decision comes after the company spent more than $25 billion on acquisitions last year to broaden... — read more 

Is there going to be any reorg or BlackRock layoffs? Any chatter, news or rumors?

BlackRock, the world’s largest money management firm, is reportedly planning to announce layoffs of about 3% of its global workforce, totaling around 600 employees. This decision comes as BlackRock anticipates approval from the U.S. Securities and... — read more 

The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more 

It's here now!

The news about it in the media surprised me quite a bit! I left a few months ago, however, I feel bad for everyone who will be affected by the layoffs. But if it means anything to anyone, grass is green on the outside! Good luck everyone!

I am thinking about leaving the firm need to plan wisely and wait afer the bonus time

I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more 

"BlackRock will allow retail investors to vote on proxy battles for the first time as it fends off criticism that its stance on environmental, social and governance issues is at odds with some of its shareholders."... — read more 

"BlackRock's clients have significant exposure in pension vehicles at the center of the drama." https://www.reuters.com/business/finance/blackrock-reports-fall-third-quarter-profit-2022-10-13/

"South Carolina will be divesting all of its BlackRock holdings by the end of the year, the latest instance of backlash from Republican state officials over the investment firm's stance on fossil... — read more 

https://www.msn.com/en-us/money/savingandinvesting/big-short-investor-michael-burry-warned-the-biggest-market-bubble-in-history-would-end-with-the-mother-of-all-crashes-he-just-hinted-the-collapse-is-now-underway/ar-AA11lIaH

How likely is that there will be BlackRock layoffs? Any chatter, news or rumors?

Info request - what's the total headcount at the co? How many people are employed at NYC?

Do you think there will be BlackRock Layoffs 2020? Any news or rumors?

I work in Budapest. Every smart person is leaving, all the foreigners and many locals. I feel they will soon close the office or at least close a lot of groups. These jobs should be done in GGN not Europe!!!

500 jobs, or 3 percent - that's massive and will be felt in many groups. I guess it could have been worse, as we've seen with some competitors.

Just wondering. Does a company like BlackRock have any morals? I see that they own millions of shares of predatory for-profit colleges. But my guess is that they are doing far worse with that much money and power (and so little transparency).

Pack your boxes and get ready! But don't worry, your Asian replacements are on their way - "and will put more emphasis on hiring in the emerging markets, especially Asia. "... — read more 

Here you go - the number is not specified though: https://www.bloomberg.com/news/articles/2017-03-28/blackrock-said-to-cut-jobs-fees-in-revamp-of-active-equity-unit

So much for growth

We axed about 500 people in 2012. I was part of that cut. I think it was maybe 5% of the total global workforce, and if I remember correctly, most of the cuts where here in New York City. I liked working at BlackRock and I liked my peeps, managing up... — read more