FBG related layoffs?
Hi guys:
Have firms that are big in FBG started laying off affected analysts and others yet? What have you guys heard? Thanks!
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Based on the most helpful WSO content, there isn't specific mention of layoffs directly tied to firms heavily involved in FBG (Fixed Income, Currencies, and Commodities). However, there are broader discussions about layoffs across various banks and groups, including analysts and associates, due to market conditions, restructuring, and overstaffing. For example:
If you're specifically looking for FBG-related layoffs, it might be worth monitoring updates from firms with significant FBG operations or checking with industry contacts for the latest insights.
Sources: https://www.wallstreetoasis.com/forum/investment-banking/lay-offs-soon?customgpt=1, How bad are things going to get?, Jefferies Layoffs, https://www.wallstreetoasis.com/forum/job-search/current-team-denying-internal-mobility?customgpt=1, Layoffs 2020
I know of 1 analyst from the 2019, that’s about it
can you say what fund / give an indication of what fund it was at? and was the guy dircetly / indirectly (i.e. just supporting junior) involved in FBG?
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