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A comment on BlackRock Plans to Cut About 400 Jobs in Coming Weeks.

Re:BlackRock Plans to Cut About 400 Jobs in Coming Weeks by sna1l on Wednesday March 30, 2016 @06:18PM (#11393475)
Doesn't Goldman Sachs fire the bottom 5% every year? This constitutes just 3% of BlackRock's employee head count.
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Re:BlackRock Plans to Cut About 400 Jobs in Coming Weeks by caminante on Wednesday March 30, 2016 @06:54PM (#11393657)
The key is that these cuts flow from broader restructuring efforts, not performance.
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Re:BlackRock Plans to Cut About 400 Jobs in Coming Weeks by spydertennis on Wednesday March 30, 2016 @09:44PM (#11394459)
Yeah but nobody here realizes that.
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