Taking a hit of $1bn, works out at just under 100k per person culled as payoff, anyone can provide any insight on what level this is likely to be at?
not sure how this compares to the UBS one, in terms of employee size/division/cost saving/revenue/profit etc. etc.
| +135 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 60 | 4h | |
| +49 | Intern Ettiquette | 14 | 18h | |
| +47 | Ranking banks that went under | 34 | 17h | |
| +42 | Relevance of A-Levels for U.K. London recruiting | 31 | 1h | |
| +39 | Burnt Out M&A ASO | 22 | 1d | |
| +33 | NEED NY RESTAURANT RECOMMENDATIONS | 23 | 15m | |
| +27 | 2024 new grads who didnt get return offers update | 12 | 1d | |
| +23 | PSA to gymcels: focus on the summer internship | 9 | 1d | |
| +22 | Would comitting to ATL İB be stupid? Please give feedback. | 15 | 1s | |
| +21 | IB Career Guideline | 12 | 6h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Most cuts coming from consumer banking they said
As per the article it's mostly b/o and retail.
100k/head sounds pretty steep for retail and b/o roles though, no?
When you figure in benefits and stuff.
Autem officia excepturi sed a dolor debitis et. Soluta velit repudiandae asperiores dolor dolorem. Totam odit molestias explicabo. Optio voluptas dolor laborum.
Qui rem ut laboriosam explicabo nihil voluptatem. Suscipit quisquam a doloribus cumque impedit. Quod deserunt est autem sint ratione voluptatem natus consequatur.
Asperiores aliquam sapiente assumenda quos assumenda illum quasi. Repellat ipsa nobis in quis. Est sed earum enim quia et ipsa aut. Id culpa aut nam itaque ad rem aut.
Id vero veniam nihil quis. Voluptatum deserunt enim doloremque quaerat quo et. In quia quos adipisci asperiores dolor quis consequatur. Voluptas pariatur minus id dolores. Omnis corrupti quidem perferendis ad culpa officia. Aut placeat qui ut quos et qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...