Has anyone heard anything on whether or not we’ll still start in February? How many of you all have left to other firms? How worried should we be about the offer being rescinded? Does anyone inside UBS know if they still plan on taking on February cohort?
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Should be recruiting heavy
Just surprised to see there's still people who haven't re-recruited. Deulusional or lazy?
are you at UBS/CS?
Why should one be worried? They do this type of deferring at consulting firms and such
The macro state and the fact that some groups have nothing to do / aren’t generating revenue
Macro state affects all banks tho.
I guess are we talking about only feb 2024 start and not feb 2025
Most of those consulting firms aren't going through a massive merger and laying tens of thousands of people off though. UBS/CS has a loooot of duplicative people, consulting firms are just managing a bit of headcount
When do you think deferred UBS/CS first years will find out whether they’re coming back or not? February is the official new start date
I interned at CS this summer, got an offer from UBS with a start date in February 2025. I'm graduating May 2024. Not sure if this helps.
In the same position. I wonder if there is a chance we get unlucky
Re-recruit, it's just them being nice and saying you have an offer so you can re-recruit. The people they wanted actually are coming back to start in 2024 and the people who are interning in 2024 will join in Fall 2025 as is more usual.
Not sure about that. If they ended up rescinding offers, that would be a bad look
Being "nice"? If they did not want them they would not have given them an offer, period. Deferred means they start late for 2024 class or, more likely, early for the 2025 class. No such thing as nice in this business.
What are your thoughts on this overall? Are you considering any other positions?
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