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Layoffs Watch '09: BLK

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Another round of layoffs is apparently expected at BlackRock this summer, though it's unclear if the cuts will go down closer to June 21 or or post Fourth of July. Either way, something to think about! In other B-Rock news, the firm has apparently "done away with paper and plastic cups as part of an austerity program." No word if employees will be getting BLK-branded mugs, a la Bank of Amerillwide.