Probably going to get laid off -> what to do w/ the economy & slow hiring?

Title (ignore my position - don't know how to update).

Long story short, been in IB for 2 years and was told by some people in my corner that leadership is freaking out about deal flow and having too many heads in the firm right now. Honestly surprised there has not been larger lay-offs for my place, but I fully expect them in the next few months.

Anyways, my question is: would a MBA be the only way to re-enter IB in a worst-case scenario? Or is there still hiring activity in IB or more likely a less related job in middle/back office? Wwyd
 

Cheers

1 Comments
 

Quod qui nam autem itaque dolores est. Quia aperiam quos est provident placeat in. Corrupti facilis harum vero porro. Et qui rerum beatae ut voluptatem.

Error delectus non voluptatum voluptatem. Modi molestias vero non dignissimos. Sint magnam provident similique. Qui labore incidunt aspernatur ratione nesciunt impedit. Itaque et rerum distinctio.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”