BlackRock to Implement "Routine" Layoffs, Realigns ESG Strategy

The architect of Environmental Social Governance is feeling the impacts of an ESG Economy.

BlackRock is reportedly expected to make a significant announcement regarding a substantial downsizing of its workforce.

The impending layoffs, which account for about 3% of its global workforce, will result in approximately 600 employees leaving the company.

The layoffs are being internally described as routine, aligning with BlackRock’s previous practic…