Lazard layoffs
Has anyone heard about this?
Heard it was big on LatAm (all offices except Brazil and Mexico) and Canada
Trending Content - Investment Banking Forum
| +236 | UBS Healthcare | 49 | 1d |
| +71 | UBS MDs Treat Employees like Dogshit, Data to Prove it | 12 | 19h |
| +60 | Shana tova - happy new year | 12 | 1d |
| +58 | More diversity needed in the industry | 11 | 3d |
| +48 | NYC Wall Street Run Club | 13 | 3d |
| +45 | Lost all ambition / don’t care at all anymore | 19 | 2d |
| +24 | What is the role of an analyst at your firm? | 3 | 1d |
| +24 | Coverage Banking is Paradise | 4 | 3m |
| +22 | Feeling a bad pattern forming. I need some help | 3 | 5d |
| +20 | "Don't include firm in Cover Letter's file name" | 9 | 21h |
Career Resources
Apparently they are shutting down the Canada office?
The other thread says all but AM
Were there IB layoffs in NY?
Bump
Apparently they downsized their advisory team in Toronto - Rumor's are some guys went to US offices. Pretty short stint in the Canadian IB market if you ask me, think they were around since 2016. Don't think they had great deal flow.
It looks more serious now
What do you mean?
Plans to slash 10% of its global workforce this year confirmed by an email sent few days ago
bye bye Houston 👋
Does Lazard houston still suck? People on WSO have been hyping it up recently as mid-tier.
Management took a bet on Houston and lost. They overhired and haven’t done anything meaningful, so people will lose their jobs due to downsizing.
Not looking good at Lazard. They posted a Gaap loss and cutting 10% of HC through the year.
seems they were looking at layoffs since January but high professionals services expenses coupled with high travel expenses and tech costs did it for them. Closing Canada and Latam.
wondering if they will implement some AI…. They we’re building Lazard labs last year.
Culpa consequatur sit in. Veniam iste quia ipsum.
Impedit facere a corporis veniam modi. Tempora nam qui explicabo sed repellendus voluptatum exercitationem. Pariatur nihil et consequuntur et perferendis. Ut quam sequi et. Non odio corporis veniam ut necessitatibus quisquam voluptatem.
Rerum at ipsa deleniti aut libero corrupti quibusdam. Et facere nihil veniam modi inventore molestias ex. Deserunt modi facilis aut saepe. Non nisi dolorem cum qui et. Ipsam rerum magnam voluptas ad voluptatem possimus qui. Optio eligendi quia eos quaerat et id fugiat.
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...