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Im an incoming analyst so I dont know, but from scrubbing this forum, Ive found that the most at risk are those at institutions will less capital (boutiques), institutions that are not performing well as it is (comparable to Merrill's poor performance or Bear Stearns back in 2008), and its almost always at the "mid-levels" such as VPs and Associates who are the most expensive and offer the least to the banks as opposed to MDs which are necessary (most of them) and analysts which are the cheapest source of labor possible for the bank and without them the banks would not function in their current state- doesnt mean there couldnt be layoffs but its highly unlikely for analysts to get laid off unless there is a catastrophic issue with the firm, such as looking bankruptcy, which goes back to the first point of size and liquidity of the institutions.
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