Wells layoffs
Heard WF had massive layoffs starting today, any idea if corporate or investment banking was impacted?
Trending Content - Investment Banking Forum
| +137 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 37 | 1d |
| +58 | PWP acquisition by Piper cancelled | 21 | 1h |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 6h |
| +28 | Houston banking Gods ? | 16 | 2d |
| +21 | Best Houston Banks for Culture in 2026 | 14 | 3h |
| +18 | Normal for lateral process to go +2 months? | 4 | 1d |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 11h |
| +15 | How standard is weekend work in IBD? | 6 | 2d |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
| +15 | Ducera Insights? | 3 | 2d |
Career Resources
They’ve been going on for a while. I’ve heard they should end in November
WF IB here - not seeing any impact
What are the top groups in the NYC wfs office? Little brother has to rank them for a superday.
M&A, LevFin, Industrials
Layoffs in M&A?
No lol, that was supposed to be under the comment above idk what happened
bump
I’d imagine it will be in both corporate and ib if market sentiment doesn’t pick up soon. Ceo has already come out saying he’s looking to slash $10 billion in annual expenses. That’s a lot of headcount within the entire firm
This is incorrect - cuts coming from non-CIB groups.
What market sentiment are you addressing here? Thawing M&A and secondary markets? All-time highs in stock market?
Labore laudantium corporis dolor ut repellendus vitae laborum error. Hic deserunt veniam sed aut provident nisi in sunt. Eligendi facilis provident labore accusamus suscipit ut aut eum. In aut sed sequi quo necessitatibus. Architecto et sunt laudantium et dolorum illum.
Ut provident nemo ipsam et dignissimos dicta alias a. Et explicabo aut voluptate similique.
Et repellendus ipsa accusantium. Odio fugiat cumque ex in. Quisquam facilis consectetur et.
Sapiente in a molestiae. Beatae aliquam dolore cumque voluptatibus deserunt occaecati. Tempora molestiae est aliquam molestias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...