Job Security for Incoming IBD Analysts in London

Hey! With the current layoffs in the industry, how safe are my US BB (GS, JPM, MS) IBD offer in London for FT 2023? I have gotten the offer, but I am increasingly worried that it is going to be rescinded.

Any thoughts?

9 Comments
 

Thanks. I don't really know the size of the class so that's why I am worried. I actually have another FT position, but I guess I should let them know that I will not join them ... or should I use them for security, haha. 

 

I can't speak for JPM, but where I interned (Citi) they severely cut back on return offers. Capital Markets only had a 40% return rate, IB still ok at like 60-70%. I would assume JPM would also have already adjusted numbers for FT:ers. 

 

For citi do you mean they withdrew FT offers that were given or just lower return rates

 

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