Rothschild & Co Firing Bonanza thoughts
Roths has historically never done cuts and now has suddenly done excessive extreme cuts across all teams and geographies.
they did a large round last summer and now in the last month they’ve cut over half the FIG team, 30% of NYC, most of Chicago office, most of Toronto office etc…
EfinancialCareers says this is due to privatisation and market conditions.
Does anyone have thoughts or insider knowledge of what the hell is going on and why this is happening now across Roths as it is unexpected and drastically different from pay strategy / culture of Roths.
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