BlackRock to lay off nearly 300 employees: memo
BlackRock Inc , the world's largest money manager, will lay off nearly 300 employees, or about 3 percent of its workforce, according to an internal memo obtained by Reuters.
Layoffs were the norm for the economic downturn, but as the economy begins to regain its footing, companies will be trying to figure out how to hang on to their top employees once better offers start appearing again.