BlackRock Said to Plan Cutting About 400 Jobs

BlackRock plans to cut about 400 jobs in what may be the biggest round of layoffs to date at the world’s largest money manager, according to people with knowledge of the matter. Bloomberg's Sabrina Willmer reports on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Surveillance (08/16)
27:11 - Bloomberg Surveillance hosted by Tom Keene, Guy Johnson, and Anna Edwards. Guests include Cees 'T Hart, chief executive officer at Carlsberg Group, Greg Valliere, chief global strategist at Horizon Investments, and Rep. Bill Pascrell, a member of the House Ways and Means Committee and a Democrat from New Jersey. (Source: Bloomberg)
  • Trump Says Amazon Is Causing 'Great Damage' to Retailers
  • Trump Reverts to Blaming 'Both Sides' for Virginia Riots
  • Full Show: What'd You Miss? (08/15)