Heard there’s layoffs across SMBC this week. Wondering if anyone knows any info and/or how easy/hard it would be to recruit after getting layed off from here?
Running impact: effectively all groups and seniority impacted.
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Really? I heard incoming interns just got a pay bump though
Yeah, guess they have to cover the an1/2 raises somehow.
what groups are you hearing layoffs are in? do you know if it's touching cib coverage?
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All groups are affected. CIB and other functions. Not directed at any level, heard some An/As/Dir we’re affected. Seems the bank is cutting back in a bunch of areas
Any insight on which areas the bank is scaling back in?
Bump
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