Which firms have cut 1st year ANL?
Title, which banks have let go of first years? Should be helpful to the community.
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Bump
Credit Suisse has
FT Partners
I guess its not paradise
What $140k base does to a mffing bank
There are also banks that are culling first years as part of a "performance" issue, but it's really layoffs and a way for them not to pay unemployment
Which ones
Lincoln International
Credit Suisse has in several groups, more rounds of layoffs to come
Bump
Goldman cut a few first years recently. Lincoln apparently just put entire groups of Analysts on PIPs as a way to cut bodies, per someone on this website. Could be wrong though so don't quote me.
To be fair, analyst quality is pretty trash these days, most would be on PIPs 5-10 years ago
To be fair to all the trash analysts out there, it aint like there are many rocket scientists out there voluntarily taking an IB gig at Lincoln International lol.
Anything on Barclays?
No that I know of. Only 2nd years+
DB has
Please use “ANAL” as the abbreviation for Analyst. Thx
Personally, I like the classic “Just do it”, but it’s clear you’re trying to tell us all your favorite motto is “You are what you eat”
This made zero sense. +1 MS for trying to be funny, Associate. Stay in your lane.
anything on BofA?
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