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WSO Free Modeling Series - Now Open Through
July 31, 2026
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You won't escape layoffs at any BB.
If you want to pursue a career in finance, layoffs are just a fact of life. Just pick which ever group you find the most appealing and stick with that.
First thing to consider, read the reports carefully. 7000 of the cuts will be in the UK and most will affect Directors and above. Also nobody gives nobody gives a rat's ass about an Analyst's compensation when Directors and MDs make multiples of what you make. The investment bank is also increasing their bonuses to stay competitive (giving an indication of how much management values Barclays Capital). You will be fine.
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