Will AN1s be on the chopping block for layoffs? How does this impact signing bonus clawbacks?
Title is pretty self explanatory. Obviously quite nervous right now given the bloodbath that’s beginning across the Street. One thing I’ve been wondering a lot about lately is if the signing bonus clawback provision still applies to those laid off or fired.
Obviously would be very sad if my bank laid me off and then asked me to give them $12k back lol
Bumpy
If you are laid off you will not pay the clawback, don't worry
That said laying off an A1 two months into the job would be highly unusual. Not going to say it won't happen, but I wouldn't be too worked up about it
Thank you for the response!
Just curious, why are AN2s more likely to be laid off over AN1s? I assume we get paid roughly they same and they’re so much better at their job than we are
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