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BlackRock Cuts Employee Bonuses For First Time Since 2011

TedTed
in The Bullpen
FYI: BlackRock Inc., the world’s largest money manager, reduced annual employee bonuses by an average of 2 percent to 4 percent for last year, the first such cut since 2011, a person with knowledge of the matter said.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-03-01/blackrock-said-to-cut-employee-bonuses-for-first-time-since-2011
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