Layoffs at Evercore

Current employees of Evercore, what are your thoughts on the likelihood of a headcount reduction? I'm concerned after the layoffs in 2020 as well as the recent sell recommend from UBS due to our public M&A pipeline.

Trading at 4.6x trailing PE and 11.3x forward PE ($80 PPS) is not a good sign as far as how public markets see us. This massive ratio of trailing to forward PE is another note of concern. 

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