<ul><li>BlackRock is cutting 300 jobs, about 1% of its workforce, in the second round of layoffs this year.</li><li>The investment firm had expanded its workforce by 14% over the past year following an acquisition.</li><li>Earlier this year, BlackRock announced plans to expand in India, aiming to grow the India team to 3,500.</li><li>The company's focus in India includes enhancing AI capabilities, strengthening fintech presence, and hiring engineers and data experts for technology-driven projects.</li></ul>

BlackRock to trim workforce by 1%, to slash 300 jobs

Discover more