MS layoffs of 3K targeted in IBD and S&T will likely translate to -15% of IBD workforce. If I have a PE offer already lined up for 2024 and get cut a year in what are my options? What % roughly of PE firms would be accommodating if it was not a glaring performance issue that led to the layoffs? How worried should I be? The language in my contract is very vague and does not have any language around prior employment requirements.
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Worrying about what could happen tomorrow is paying a debt that might never come due
I'd relax because its out of your control. You are in IB at a top 3 bank. Worst case scenario, you get laid off with a strong resume experience and will be ready for your next opportunity. Regardless you will be fine.
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