Citigroup's plan to cut 60,000 staff by 2026 signals a fundamental shift in banking, as AI and private credit pivot threaten thousands of back-office roles globally.

Nearly 25,000 tech jobs vanished in January 2026 as Amazon, Meta, and Citigroup slashed headcount. Experts warn mid-career workers with higher salaries face disproportionate risk in new cuts.

Several Buffalo neighborhoods remain unplowed days after a major snowstorm, with residents in the Black Rock and Riverside ...

AI is disrupting labor markets, but it can also be "a rising tide that lifts all boats" if workers embrace it with support from employers, says MIT economist.

Wall Street Firing Spree Continues in 2026 as BlackRock Cuts Hundreds of Jobs ...

Rick Rieder emerges as the leading Fed contender, raising the prospect of faster rate cuts, a more market-driven policy approach and new balance-sheet tools.

BlackRock CEO Larry Fink told the Davos elite that post-Cold War capitalism failed most people, warning AI could repeat the ...

The world's largest asset manager has cut hundreds of positions in the opening weeks of 2026, joining a wave of financial firms trimming workforces amid mounting economic uncertainty. BlackRock ...

In 2025, Black America needed about 1.8 million more people working to have the same employment rates (employment-to-population ratios) as White America (Table 1). This Black jobs deficit cost Black ...

BlackRock shares jumped on Thursday after the world's largest asset manager reported a better-than-expected quarter — capping off what the company described as "one of the strongest years" ever.

LONDON, Jan 13 (Reuters) - BlackRock (BLK.N), opens new tab, the world's largest asset manager, will cut hundreds of jobs as part of a regular round of layoffs to improve efficiency, a spokesperson ...