Fellow monkey at Citi got laid off during paternity leave. Is this legal? I think he took the redundancy package which means he can’t sue as far as I’m told.
I also heard a pregnant associate got laid off at MS in London in their last wave.
Does anyone know if there are any legal protections around this?
| +307 | Looking to raise a Billion Dollar Fund - College Junior | 42 | 52m | |
| +303 | What to expect during your IB summer internship and how to secure the full-time offer | 17 | 5h | |
| +246 | It doesn’t need to be this way | 35 | 3h | |
| +169 | Career Bankers, Was It Worth It? | 58 | 1h | |
| +153 | Biggest gripe in IB: people with no balls | 40 | 56m | |
| +125 | MD Can’t Unplug | 32 | 15h | |
| +89 | RBC M&A vs PJT RSSG | 14 | 3d | |
| +60 | BofA Assoc who died had sought to leave, citing long hours | 15 | 1d | |
| +48 | 2nd casualty of BofA, 25 yo credit trader | 13 | 2s | |
| +43 | 4 Mistakes I Made As An Investment Banking Intern That I I Wish I Could Go Back And Fix | 7 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
What group at Citi
Curious what group / seniority as well. Know a couple of people at Citi on / or going to be on paternity leave this year.
Doubt there are any tbh. And as long as you sign settlement agreements you cannot go after them.
Exactly that's why you have to be aggressive in that moment BEFORE YOU SIGN package. From experience, You should be getting at least 1 year of severence pay
That's too much from my experience and way above the legal requirements. However it does depend on seniority / tenure with firm and every case is different ofc
Jesus, in the US you’re lucky to get two months.
Maybe in the UK but in the US the norm is 8-12 weeks
I think legal protections only apply if you prove that you’re fired BECAUSE of pregnancy / paternity leave. If layoffs are happening, it’s impossible to prove. If say you’re the only employee fired and the only pregnant woman, your case will be much easier to prove
Talk about early exposure to finance. Lil dude getting reps in, in the womb.
Sed laborum quasi qui recusandae eos voluptatem. Iusto et omnis et nisi. Sapiente repellendus laudantium id molestias quisquam qui eius. Error et veritatis alias voluptas vero perferendis. Omnis quae mollitia molestias sit voluptate nihil et. Et autem esse qui eum est cupiditate.
Eum minima qui fuga ut quis iusto. Ea eum est nihil cum. Quae voluptatem nihil tempora eum nihil sapiente nesciunt enim. Voluptas dolorum fugiat vitae sit. Quisquam sapiente est veniam non. Laudantium consequatur velit soluta architecto soluta.
Voluptatem ut autem repellat earum. Dolores et nostrum quis eum repudiandae sed eos labore. Eos perferendis ea eveniet at dolor veritatis reprehenderit. Earum ut nihil autem est.
Voluptatibus est vero est aliquid et. A excepturi rerum non id facilis. Est est sequi ipsam sint id maxime est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...