BlackRock is set to reduce its global workforce by approximately 1%, amounting to around 250 positions, reported Reuters citing sources. The announcement, which follows an initial report by Bloomberg News, comes as part of the firm’s customary review intended to enhance operational efficiency. A spokesperson from BlackRock said: “Improving BlackRock is a constant priority. “Each year, we make decisions to ensure that our resources are aligned with our objectives and that we are well positioned to serve ...