BlackRock Cuts 200 Global Employees: Mass Layoffs & Workforce Restructuring Explained

BlackRock to Cut 200 Global Jobs as Asset Manager Adjusts Workforce Amid Market Shifts Dr. Olivia Bennett June 5, 2025 Business BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, has announced plans to reduce its global workforce by approximately 200 employees—roughly 1% of its total staff—according to internal communications … Read more

Indonesia to Maintain 3% Deficit Limit, Plans Spending Cuts Amidst Oil Price Concerns (2026)

Indonesia Prioritizes Fiscal Discipline Amidst Global Oil Price Volatility Jakarta – As geopolitical tensions in the Middle East continue to drive up global oil prices, the Indonesian government is taking a cautious approach to its 2026 budget, prioritizing fiscal discipline over increased borrowing. Finance Minister Purbaya Yudhi Sadewa has announced a one-month evaluation period to … Read more