Should incoming full time analysts be concerned about job security by the recent events? Would banks slash headcount because of the economic turmoil? Curious if people have insights to what happened in M&A advisory during 08
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If the internship is still a go, do you think the return offer rate will be slim or maybe even none this year?
I'm in a similar boat, but it is too soon to tell. And thing is, in 08', it was a banking recession with the physical banks themselves collapsing. In this case, the issue does not stem from the banks, so it might not be as severe as it was before.
Also, it's better to see a recession like this now when we're very young so we can understand the true risks we take when we make career decisions. I wish us all interns and incoming FTs the best of luck
I think Corona will drop the economics and it will be tough to reduce the Corona impact
No shit man