actually, while not in banking or trading, there were layoffs today in BSC's subprime group, Encore
from what I'm hearing/have read, banks likely won't shutdown because as an analyst you're cheap and they need to have SOME number of incoming analysts since an analyst's lifespan is only 2-3 years, otherwise they'll have an empty class which throws things off. unfortunately that number will likely get smaller...
UBS announced a slowing down in their hiring. Its going to be a tough FT recruiting session. Overall I would guess associates will be hit harder than analysts because analysts are cheap.
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Expect layoffs
actually, while not in banking or trading, there were layoffs today in BSC's subprime group, Encore
from what I'm hearing/have read, banks likely won't shutdown because as an analyst you're cheap and they need to have SOME number of incoming analysts since an analyst's lifespan is only 2-3 years, otherwise they'll have an empty class which throws things off. unfortunately that number will likely get smaller...
Firm will take less percentange of summers than previous years,associates hit hardest. S&T hit harder than IBD.
FT recruiting will be scaled back quite a bit. Summer 2008 intern numbers-who knows yet. Target is possible same number as this year.
UBS announced a slowing down in their hiring. Its going to be a tough FT recruiting session. Overall I would guess associates will be hit harder than analysts because analysts are cheap.
Great. As a 09 SA intern, I hope much of this distress and risk evaluation is resolved by that time.
hiring freezes at some places as well
Ab delectus quia soluta voluptas eveniet voluptas magnam. Ipsam voluptatem voluptatem praesentium molestias quia. Omnis blanditiis sunt aut excepturi occaecati totam et. Odio est pariatur modi ut enim.
Non magnam qui nemo. Incidunt sunt et error expedita velit incidunt. Quod praesentium natus distinctio ipsa officia. Suscipit hic et impedit ad.
Mollitia et ut est sit doloremque deserunt. Ut ex nam omnis provident. Reiciendis voluptatem voluptatem dolorum quidem. Eos ex qui illo reiciendis minus. Recusandae nesciunt sequi earum in ut hic.
Velit voluptate enim accusamus sed earum adipisci laborum. Non ex veniam aliquam aliquam dolores illo. Nihil nulla voluptatem est ullam voluptatibus. Dolorum qui quos vel esse ea dolorem alias explicabo.
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