PWP Layoffs?????
Heard they.did layoffs today? Right before the SA’s arrived. Can anyone confirm? Know they have been underperforming lately
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Do you know someone there?
J-Money what’s happening man. You were my favorite intern
Yes — heard it happened today
Confirmed - Both at the analyst and associate level... Not surprising to be honest, we barely close deals so the writing was on the wall
Any word on which groups? Rough to do after holiday weekend but wonder if they're trying to clean things up before interns get there?
Mostly partners, only 2 juniors in NYC as of now
I guess they are the most expensive.
Do you know which groups?
What partners?
What kind of dog shit firm fires juniors before SA’s start? Imagine underperforming during a record M&A year…..
Barclays and others did last year, pretty common…
Where any juniors affected / what groups?
Any more intel? Is it just NY office or across all offices?
NYC juniors in industrials were let go. Not sure about other parts of NY.
Lol
Two juniors were let go. At leaset in NY. 7-8!people at THP, entire LA tech team, and more
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Which partner?
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