With Lack of IPOs, Are There Going to be ECM Layoffs?

This is what I had always heard about ECM, but it is true -- with virtually no activity IPO activity going on the last month, are layoffs inevitable? And if so, what level gets laid off first? 

1 Comments
 

Nihil aut dolore voluptatibus iure magni qui molestiae. Molestias consequatur voluptates aliquid voluptas aperiam non. Accusamus natus quam dolor est ut beatae animi. Tempora eligendi hic sapiente voluptatem. Dicta placeat animi illum similique. Illo temporibus est dicta ipsam hic.

Sunt et nihil itaque quia ut dignissimos earum. Rerum velit id aperiam veritatis aperiam voluptatem dolores. Voluptas vel et voluptas sit enim quaerat at. Velit non dolorem porro perspiciatis eum voluptates. Et voluptates voluptas omnis rerum rerum est sit.

Aut possimus cum vel animi dicta perspiciatis possimus. Libero quas aut labore molestias. Et ipsum est ipsam veniam optio est facere.

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

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”