Abysmal return offer rates at top BB (GS/MS/JPM)
Currently an S&T intern at one of these in NYC. Typical return rate is around 70%, but this year due to huge cuts in headcount we are looking at roughly 40%. Was wondering if anyone else is seeing this or it’s exclusive to my bank.
Bump
Hearing similar
happens every few years like clockwork. they bid a bunch of bums, then they overhire to make space for said bums, then we they have to cut actual solid kids because theres no room due to said bum analysts hogging seats.
Bump
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