PWP Moving to Greenwich?
Is this true? I heard rumors that they are consolidating and opening up an office out of Manhattan.
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There is no mention in the WSO content about PWP moving to Greenwich or consolidating offices outside of Manhattan. If this is a recent development or rumor, it hasn't been discussed in the provided dataset.
Sources: https://www.wallstreetoasis.com/forum/investment-banking/db-nyc-vs-guggenheim-nyc-vs-rbc-nyc-ma-vs-tph-pwp-houston-for-2019-sa-ft?customgpt=1, GS COO of M&A Leaves for PWP, PWP LA vs Lazard LA, Rothschild NYC Office, HF offer in Greenwich. Live in NY or CT?
True, all juniors are losing their assigned desks so the partners can afford a new greenwich office. They’re getting rid of a floor so people will have to work out of conference rooms.
Are there signs of layoffs coming? How is it sustainable to have people working in conference rooms?
Deal flow is shit so wouldn't be surprised if layoffs are coming. They just can't compete with true EBs
Is this for real lol?
bump. is this true? this seems unlikely
My buddy works there and I asked about this - it is true. No more assigned seating + confirmed move to Greenwich.
Greenwich obv more suited for the seniors.
Bump. Is this confirmed?
yes
I thought PWP LA was killing it, could of sworn I saw they were killing it. Obviously this is about NYC, but what's going on with PWP?
weak deal flow overall
Why do you say that? It’s not a volume sho right?
Groups seem to be doing fine? Other than consumer
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