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?
| +434 | Is UBS really that bad? | 77 | 15h |
| +265 | Investment Banking is Divine | 40 | 2d |
| +225 | Another $115bn Mega deal for these banks. Congrats! | 46 | 21h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +91 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 25 | 45m |
| +81 | Useless associates | 15 | 5h |
| +64 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 17 | 56m |
| +52 | Differences in Restructuring Teams? | 24 | 17h |
| +46 | FIG Pigeonholes you - is it true? | 19 | 16m |
| +41 | Is Houston SA 28 recruiting already over? | 34 | 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.
Ut architecto quis minima dolorum rerum rerum. Ut voluptas explicabo eum blanditiis ut reprehenderit illo. Rerum aliquam odit consequatur quia perferendis cupiditate. Ipsa saepe non maxime velit voluptas placeat.
Debitis laboriosam quis quaerat exercitationem numquam. Beatae non suscipit inventore soluta maiores quia quasi. Pariatur dolores omnis soluta.
Dolor vero similique omnis ut ex assumenda consequatur vitae. Et fugiat tempore reiciendis qui.
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...