Fired as A1 - How to talk about it in interviews?

I got fired as A1 in my probation period.
Reviews were mixed and varied from good to bad.

Firm told me there were a number of factors (performance, team fit, market).
How should I explain this in interviews?

I am still employed for 6 weeks (not allowed to work but on contract). Can I act like I still work at the firm, or if I am asked "how do you like it at xxx" can I phrase it like I still work there?

Firm told me they will make reference letter sound positive and wont mention that I got fired. So can the new firm find out about it (e.g. background check etc.)

4 Comments
 
Most Helpful

I'd recommend 100% focusing on the market variables side, and making it sound like a layoff that had nothing to do with your performance. You can select a few datapoints to bolster the argument (e.g. firm was down X% YTD, had seen Y% redemptions, cut Z jobs total including A in my pod/strategy) and it sounds like the firm will at least semi-back you up.

The new firm probably won't find out about it unless your employer is exceptionally sharp-elbowed or, like, best friends with the guy soliciting the references. I've done a million reference calls at my PE firm and always focus on the positives -- it's in our best interest to make sure former employees still somewhat like us given the industry is only so big. 

 

Thank you thats helpful.

However, just to make sure. Should I bring this up myself? As mentioned I am still employed for a few more weeks and my CV also says currently employed. If asked how I like my work/the firm/ etc., should I already inform them, that I am unemployed in two months time and currently on my notice period?

Based on your comment, I understand the phrasing, however just wanted to make sure, if I should say it all. Of course, if the interview process lasts for months, I would eventually need to inform them that I dont work at the firm anymore, but what about the time until I then? 

 

Quis non dolor sit est tempore sunt harum. Est quos rerum alias ad. Autem dolores vel modi vero non quis. Id rerum vel nulla eos nam minus consequatur. Possimus aut amet qui similique dicta. Et quis eligendi facilis repudiandae.

Facere iste cupiditate nisi autem fugit. Consequatur eum sit error qui vero aut facere. Nihil perspiciatis dicta voluptates dolores.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”