Institutional shop layoffs ?
Either in acq, originations, or development ?
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Acquisitions MF / Seniors in Toronto
Interesting. None in their NY Office tho?
What NY office?
What shop?
TCC did ~10%. Hiring isn’t frozen though so seems to be combo of cost-cutting and taking the opportunity to “trim the fat”.
Basically had 1 person / 2 people a Business Unit get let go
Where did you hear this/has this already happened?
Damn didn’t realize this… weren’t offices over staffed tho? I heard the ‘22 MBA class was massive
What I've seen is when people leave they don't backfill vs firing.
Exactly what we're doing too. No layoffs yet or expected
Same here. We have had 4-5 people leave across regions and no backfill.
My firm has been hiring
This sounds made up…unless it’s FP&A, small shop hiring at the analyst level.
Latest fund is 2-3bn. Just hired 2 guys last month
NY based?
Artemis?
Same at mine
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