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cryptonews 2024-01-08 14:23:51

Ahead of Bitcoin ETF Launch, BlackRock Announces Major Workforce Cuts

BlackRock headquarters. Source: Adobe / John Hanson Pye BlackRock, the world’s largest asset management firm, is reportedly reducing its global workforce by about 3%, just days before the expected approval of the firm’s spot Bitcoin ETF application. The layoffs, which have not yet been officially announced, will affect roughly 600 employees, Fox Business reported on The post Ahead of Bitcoin ETF Launch, BlackRock Announces Major Workforce Cuts appeared first on Cryptonews .

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