Do Investment Bankers get laid off during recession ?
In a recession, hiring would slow down and layoffs would increase. With doomsdayers and several reputed media outlets (https://www.bloomberg.com/news/articles/2019-04-02/all-the-reasons-to-fret-about-the-global-economy-in-charts) predicting a recession, would the hiring of bankers slow down ? Worst still, will the existing industry face a slew of layoffs ?