2023 Layoffs?
What shops have had layoffs so far? Just saw that Wellington laid off 5%. Blackrock had 2.5% layoffs earlier this year.
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Hey Analyst 2 in Research - Other, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
I could definitely see this being the tip of the iceberg. Similar to what happened in big tech: everyone over hired, a couple come out of the wood work and right size, gives air cover to everyone else to do the same. Get those resumes polished! Looking at you T Rowe ;)
Do you think there will be significant layoffs in research, or will this mainly be confined to MO/BO?
Bottom decline performers in research in trouble. But majority should be support functions
Concerning... would like to know what others are hearing at Fido, TRowe, Pimco, Cap Group and such..
Putnam just got purchased.. you know layoffs are coming there
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