Layoffs are coming at BlackRock, the world’s largest money management firm, as the company contends with customer-pushback, a state lawsuit, and a House Judiciary Committee investigation over its efforts to impose radical leftist ESG ideology on the nation.
About six hundred, or three percent, of BlackRock’s global employees will soon lose their jobs, Fox Business reports, citing the firm’s loss of assets caused by its focus on ESG advocacy, rather than profits, as a factor in the move:
