Barclays Layoffs
Heard from a friend in their technology group that they just had another round of layoffs. Any other groups affected?
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Between 5-10 a2 were cut in London coverage. Don’t think cap markets and other teams were touched.
is it tech coverage or all coverage? I just got the IB graduate program at Barclays London, and wonder if you have suggestion for choice of teams (with good PE exits & survival)
it was 2 in TMT and and the rest across other sectors (think min. 1 in the power/ energy transition team).
It wasn’t tech specific seems like across coverage, from what I’ve seen industrials and powers/ energy seem to be staples for best exits and xp. Maybe FIG and FSG as well? But haven’t heard the best about consumer as well as HC in terms of xp - though, take w a grain of salt.
Thanks a lot! Quite helpful. Would you rank TMT a tier below industrials/ERG but above healthcare/C&R? Hours wise, is it more like 9-12/9-1am for industrials if not on active transactions?
Thanks! Is there any cut in A2 for industrials team
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