Wells Fargo: Investment Banking Layoffs?
Rumors about layoffs at WF in IB coverage and product? Anyone heard any news? How does this affect juniors and incoming?
(March 2023)
Rumors about layoffs at WF in IB coverage and product? Anyone heard any news? How does this affect juniors and incoming?
(March 2023)
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Bump
I havent heard about this
Haven't heard about this either what is your source.
Also haven’t heard anything, curious tho
Is it their first round of layoffs
If it’s true, I believe so yeah. Admittedly, I haven’t heard anything like this but that doesn’t mean it’s not happening
Haven't heard this either
Only know of VP+ across coverage groups. Lev Fin/DCM as well.
Interesting, maybe theyre just getting started? I guess we'll see in a week or so
B
Can confirm layoffs happened. Mainly in markets groups. I don’t think analysts were touched just associates and up
Was this in NY and CLT?
No real layoffs at the junior level. Seems like a couple non-performing seniors, which is part of the normal course of business.
Is it over now?
Any news?
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