BlackRock Inc. (BLK) intends to trim its workforce by roughly 1% as part of a strategic restructuring. This was reported by Bloomberg on Wednesday.Rationale Behind BLK’s MoveBlackRock’s decision follows investments of more than $25 billion last year in acquisitions aimed at broadening its expertise in private-market assets and data.The cuts are part of BlackRock’s efforts to realign its resources with its growth strategy. The company expects to accelerate strategic investments in acquisitions in 2025 and bu ...