Moelis Earnings today - any layoffs?
Saw Moelis announced their earnings and got absolutely destroyed. Have there been any word on layoffs?
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Personally I doubt it (at a comparable bank, so maybe wishful thinking). These banks know they've got maybe 1 year of muted deal flow where they will pitch and build relationships ahead of a recovery. You need bankers - a ot of them - for that.
lol someone is going through their first downturn...
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