Significant Layoffs / Cuts Rumoured JEF London
Bit of a weird one, but heard indirectly that JEF London are looking to trim a decent amount. Not 100% sure on the veracity - anyone else heard the same? HC, M&A and TMT teams.
Weird because most of my friends there seem to be at capacity.
I'd also try to look as busy as I possibly could with layoffs coming in
Do you have any intel? Grateful if you could share
No clue at all. Obviously lots of other banks are cutting and macro outlook is crap so probably not bad to operate on the assumption they will regardless
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