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Layoffs Watch '09: BLK

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More cuts a-comin' at BlackRock. Round 2 of project population restructuring will apparently be "aimed at more senior employees" and is expected to result in around 250 to 300 employees (approximately 5 percent) being shown the door (the first round of bloodletting affected about 8 percent of the team, bringing the headcount down to 5,500 from 6,200). Target date: "sometime in March," possibly as early as Monday.
Earlier: Layoffs Watch '08: BlackRock