wtf is going on with Valitas Capital Partners?

Based on previous WSO threads, it seems that high turnover and firing of junior staff are not uncommon in the investment banking industry. For instance, in the context provided, there are mentions of significant turnover and dissatisfaction among junior staff in various firms:

• High Turnover: One user mentioned that their entire junior team quit within three months, with both associates and the senior analyst leaving the firm. This indicates a high level of dissatisfaction and instability within the team.
• Lack of Experience: Another user highlighted issues with newly hired associates who lacked industry experience, which added to the frustration of existing team members.
• Pressure and Negativity: There are also mentions of a culture of negativity and low morale among junior staff due to high pressure and lack of resources, as described by a user discussing their friend's experience at Financial Technology Partners.

These points suggest that high turnover and dissatisfaction among junior staff can be due to a combination of factors such as lack of experience, high pressure, and a negative work environment. If Valitas Capital Partners is experiencing similar issues, it could be due to these common industry challenges.

Sources: Thoughts on Financial Technology Partners, 3 Months in and entire Junior Team Quit Rant, How can we do better?, GS Layoffs - The Chopping Block, Going insane with laterals