BarLehs layoffs?
Dealbreaker is reporting layoffs. Can someone spill the specifics?
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Real Estate, Lev Fin, Sponsors, and FIG have all been hit as far as I know. Evidently trading is going to get it pretty bad too.
sent you a PM, look for it.
I will concur. Blood bath over there in IBD today. More to come definitely in the next few days. *note this is what I've heard from the former Leh employees.
Not sure what happened in Cap markets or real estate.
it's definitely "Barcleh's" ...with a "C" in there
Ah, and news breaks that more MDs are jumping ship... how long til this place collapses...
this info--where from
Eh...it's not exactly surprising that there are layoffs..everyone knew this was going to happen
Real Estate, LevFin, and FinSponsors being affected is not a surprise. FIG getting hit hard is surprising.
Anyway, you will definitely see more cuts, especially in FI.
When BofA and ML merge, God knows what that is going to look like...
Doesn't b2 work at Merrill?
I think that would be beneath him.
You know me too well... :)
I don't know - it just sounded like it from some of his earlier posts.
b2--what links are you using to get this info>
what info?
b2 - then why were you so concerned about exit ops from various groups at ML?
Well, I have to back up b2 on this one as well (re: MDs jumping ship). UBS just hired a top tech banker from LEH (nytimes from monday I think). Some MDs are definitely getting guarantees to stay along with some of their teams.
Dealbreaker reports more. anyone know?
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