Just got laid off
I got fired today within like 20 minutes of arriving at work. Layoffs across my bank at the junior level.
Does anyone have a good game plan for getting back on your feet? I just started in July, so I still want to work in IB although obviously going to cast a wide net and consider adjacent jobs. Would greatly appreciate any advice. This was my first job out of college.
Sorry to hear brother. It’s quite surprising to hear that they would lay-off a first year analyst who just hit the desk only a few months ago. That being said, if they aren’t able to build out and retain their new talent, I think that’s a clear indication of a place that you don’t want to be.
In regards to finding your next opportunity - this is a very challenging market. I would say we’ll start to see some movement and laterals after bonuses hit in around late January/February. With the holidays around the corner I’d suggest you take this time to reflect on your experience. Although there may be no clear or logical indication of why you were let go - this is a good opportunity for you to digest the last couple months in where you excelled, struggled, and most importantly where/how you can improve for your next gig. Don’t be discouraged, you’ll land exactly where you need to be
A second year is worth his weight in gold
Powell is a deranged lunatic at this point. All of this at the cost of 2.8% core inflation currently. MS me all you want that's the fact when you strip out the lagging OER rent component.
this is ft partners
source: heard from a close friend still working there
(OP) I can't edit the post but wanted to say it took me just over two months to land an offer. Really tough recruiting environment and I feel fortunate to have a seat again. Lots of helpful advice on the post and WSO in general so thanks