BlackRock Lets Global Staff Work Remotely for Rest of Year

  • World’s biggest asset manager has more than 16,000 employees
  • Finance firms evaluating return-to-office plans amid pandemic

American flags fly outside BlackRock Inc. headquarters in New York, U.S.

Photographer: Jeenah Moon/Bloomberg
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BlackRock Inc., the world’s largest asset manager, is allowing employees around the world to work remotely for the remainder of 2020.

The New York-based firm will permit its more than 16,000 employees to choose working remotely, at the office or a combination of the two as its facilities reopen following a split-operations model in most locations, according to a memo viewed by Bloomberg News.