Hi all,
Back in 2019, I had a lot of interviews with BB firms. During my recruiting process, I posed some questions to see where the firms' opinions were on the economy for 2020.
I still remember vividly of a particular BB firm of when I presented some facts and trends of possible recession in 2020. They completely dismissed me and even made me feel very small. Was a tough crowd to even impress or please... now that BB firm is basically about to cancel internships and froze hiring.
Vs another BB that had a looming thought about 2020 and even laid off quite a bit of workers in 2019 Vs other BB firms that were pretty uncertain and gave mixed feedback, but were receptive of a possible recession
I'm definitely curious to see when and how that BB firms' tone has changed so much
So, I have 2 questions: 1. If you're working at any of the BB firms now, how has things changed there? When did the tone regarding the economy change? 2. What were your experiences interviewing for firms that thought different from you about the nature of the economy in 2020?
Looking forward to hearing your responses!
Well, they probably started contemplating a recession with the pandemic that is harassing the world and produced the fastest 20% DJ drop in history, just a guess.
I've interviewed at MS three times. Worked at Citadel, GS, etc.
Three times I've been asked what my five year plan was. Three times MS has had substantial layoffs within 12 months of asking me that question. Always find those interview questions ironic.
Thank you for the insight mr pussy galore
No one has a real five year plan, we all just want to secure the bag
I always felt MS had a bleak outlook on 2020, but they were right! JPM on the other hand...
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