Had there been any layoffs at Lazard recently? Heard some people were let go in London but how many, and how about other offices?
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Haven't heard of US layoffs
Hearing about c.10 associates in London and maybe more coming for A3 by summer.
Any from ny?
Any for the US?
Laz one of the hardest working groups, how are they kicking people to the curb
Haven't heard of any - there may have been a few in a random group or only in london?
Have heard a few here and there in ny offices
Laz analysts are actually working and don’t have time to check this site. Browsing on here indicates capacity and need for more staffings
When do laz bonus numbers get communicated?
Next week
any bonus numbers
They probably have not given bonus figures yet
NY office let go of 10% bankers. 3-4 a group. No AN. Few A2A.
Was it random or mostly underperformers?
Given IB is a popularity contest, it’s usually just who is least popular. In my experience, it’s not always the associates you’d think from an analyst perspective.
Wasnt this last year? Not 2024
Thought this was 2023. Didnt think it happened again in 2024
The cuts last year were only a part of 10% cumulative RIF by Q1’24, there were recent cuts across groups and levels
bump
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