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Just got Laid Off - Now What?
Just got laid off the other day - definitely came as a shock but I suppose it was only a matter of time. Other than the obvious, was curious how people dealt with this. What are some good strategies to get back on your feet quickly? How did other people overcome their layoffs and end up succeeding....
When are bankers returning to the office?
Hi everyone, Just wanted to get some insights/opinions/insider information on: - When are bankers returning to the office? - How long is WFH going to last? I think many incoming analysts and/or junior level bankers would like to get at least an idea. Thanks a lot!
Layoff due to Coronavirus in Bulge Bracket Banks
What are the chances of layoffs in BB banks such as Deutsche Bank due to the hit to the markets by the pandemic? I am specifically asking for DB since they had already announced 18,000 layoffs in July 2019 of which some are still be executed. Also, the current economic condition will be affecting...
2020 Layoff Risk
Are mass layoffs on the horizon at banks following this pandemic-fueled market uncertainty? I would normally think no, but there is no end in sight to this bludgeoning. No one seems to know what is going on. Starting to get nervous & am hearing some chatter around the floor. Which groups/titles will...
BB to EB 1st year lateral
This discussion is no longer open. Thanks for the advice and thoughts. Best wishes to all. (Mandatory character count filled)
JP Morgan Chase Layoff
Seems that JP Morgan Chase is still gaining profit, why there's layoff? I saw some "rumor" abt this before on Blind, but I never trust it, but I was so shocked when it actually happened
The First 3 Things You Should Do if You’re Part of The Layoffs
For many people 2013 is shaping up to be a tough year. Wall Street banks will lay off nearly 200,000 people. Bank of America will terminate 30,000 employees under its expense cutting program “New BAC”, while Citigroup has plans to lay off 4,500 workers. At Barclay’s the plan is to let 3,000...
You mad? Why no, not at all, asshole :)
In a small conference room, I was greeted by my HR partner and one of the top dogs in my coverage group. I sat down, and my heart started racing a little and I could hear it in my ears. I also had an insane urge to pee. Then a voice came beaming from the polycom: Disincentivy, we are letting you go....
Just got laidoff by a BB
Well, they say it's called organizational structuring, wtf.. I am just a f**king year ii analyst.
How BofA's layoffs could be unintentionally good for analysts and associates
Bank of America this morning announced that it will fire 2,000 investment bankers on top of the 30,000 announced last year in an attempt to regain profitability. This looked like another run-of-the-mill megabank layoff announcement except that along with the layoffs, the bank also is planning on a...
Goldman Will Begin Layoffs
http://www.reuters.com/article/2013/02/25/us-goldman-cuts-idUSBRE91O0TJ… Source/copyright: Reuters [quote](Reuters) - Goldman Sachs Group Inc will begin a fresh round of job cuts as early as this week, sources familiar with the matter said on Monday, with its equities- trading business bracing for...
Barclays Lays Off 5% - 10% Of U.S. Staff Right Before Bonuses
Barclays cut between 5% and 10% of its capital markets, advisory and other investment banking units in the U.S. yesterday, just days before bonuses are scheduled to be announced, a source within the bank told eFC. The cuts ran the gamut in terms of seniority, affecting first-year associates through...
Better to Quit or Take Severance
Was wondering if in a scenario that your bank is doing layoffs, is it better to offer to quit vs. getting laid off in the HR meeting in case you end up there?
2011 Layoffs Recap
If there is one caricature I hate representing, it’s the Grinch. So for my own sake, I better get this out before Christmas comes around- this was an extremely rough year for Wall Street. Amid bankers having to deal hoards of protestors just to get in the door for work, cuts have been especially...
Question re layoffs
I recently got laid off (general workforce reduction due to market conditions) from an IB role. I have only received a notice so far and my role will be officially terminated in November this year. In my upcoming job search, I plan to come clean to other IBs (they will find out anyway), but I am...
BAML 1st Year Analyst Layoffs
Just saw this: http://dealbreaker.com/2012/01/layoffs-watch-12-bank-of-america-2/ Anyone have any info on numbers or which offices?
Citi cutting 4500 and Credit Suisse 1500, what's next?
2 more banks just announced. So what's next? ------------------------------------------------------------------------------------------------------------------------ http://tradingevents.blogspot.com/2011/12/citi-cu…
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