If you are indeed a Principal then take my words with a grain of salt as I'm just an analyst and you'd be way more experienced in these things. Something similar happened to me recently. Granted differences in seniority etc., my view would be to let it go, it's very easy for the firm to argue you were let go for poor performance, lack of fit or whatever. Lawyering up will cost you quite a bit and results will be uncertain. Is there a severance pay in play? If so, then pursuing some sort of legal action might result in you losing that perhaps so just take it and close that door. All the best.

 

Thought my old post got revived lol - take a look & feel free to shoot me a DM. Talking through it with someone who gets it can be huge & I'm happy to pay it forward. 

My guess on the lack of info - cultural fit issues (one way maybe, but most likely both ways). At our stage in our career, we are good enough that its typically not competency, so take that with stride. 

Also though - take a breather, get some food you love, take a valium maybe, throw on LOTR or something, and chill out for a second. 

 

will need more info to opine. what did they tell you when you first joined? how are the investments? were you lead on any of them and did they go south? is it related to current market conditions? any of your team got let go? surely, they must've said something on the exit interview. any feedback from your boss? feedback from other colleagues?

 

At your level it's like getting fired as a part of a coaching staff in the nfl or something.  No on really cares.  Another team will hire you soon (like doc rivers bouncing around nba teams).

 

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