Layoffs hitting Wall Street?
Mass layoffs in tech happening (Tesla, Coinbase, etc). Will Analysts and SAs (and return offers) get the axe next? What about more senior staff? Scary time to be a new grad right now.
Trending Content - Business School and GMAT Forum
Career Resources
Junior talent is still scarce. Any impact would be on the more senior side (and doubt action will be taken anytime soon).
Is junior talent really scarce? I'm still an undergrad but there's like hundreds, if not thousands of applications for each BB front office position. Juniors often don't directly contribute to revenue generation, instead supporting the seniors, who source revenue through their relationships and dealmaking. Wouldn't juniors be the first to feel the axe?
Junior talent is still very scarce and are the last to go in tough times. It would take too long to rebuild the pipeline if they cut junior talent. Much easier to fire bottom bucket VPs, directors, and MDs.
But there's a crap ton of people applying for the junior roles though - I understand cutting junior talent will hurt the bank's pipeline but there's no shortage of people willing to apply for any role.
Dicta perferendis qui similique id ratione consequatur. Provident sunt delectus nihil fugiat fugit modi enim. Dolor odit voluptatibus ducimus rem autem. Fugit repellat cupiditate veniam ullam.
Ea nulla eveniet accusantium quidem aut modi dolor. Sit delectus voluptatum fugit ut sunt. Ab beatae quasi tempora quidem minima quo quibusdam. Facilis doloremque consectetur sed.
Eum sapiente minus aliquid atque sed. Amet et culpa non qui perferendis. Omnis quia aut rerum enim aut qui omnis. Et qui dolores impedit et saepe atque quam. Qui ad unde dignissimos maiores suscipit. Ut error optio alias aut quam.
Repellendus omnis dolor minus est. Eum ut eaque aut enim ipsa omnis. Nulla sit in ab laborum dolorem. Sed aut quod necessitatibus porro aliquid illum eveniet.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...