What happened to Evercore Houston
All the second years quit, does anyone know why? They killed it doing the O&G downturn would like to know how they pissed all the junior talent off.
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word is they all just got absolutely grinded to the bone, HR reached out for a lateral position but I honestly don't know if its worth it from what i've heard. Always thought it was considered a bit of a sweatshop but with good culture but that may have changed. The reps and exits can't be beat tho.
What's considered good exits here?
bump
At another top shop in Houston and the level at which Evercore grinds their analysts is insane. Following Jeff’s recent moves to improve WLB, EVR now has by far the worst hours in Houston. They need to fix things there ASAP.
Jefferies WLB improvements were a lie lol
An analyst there quit within 5 months on the job this year.
What happened?
I heard it was a 1st year who had been on the desk for only like 2 months
Her LinkedIn says 5 months
I wonder if they had other jobs lined up
It’s a mixed bag but the summary is that the Houston office did a horrible job at WFH. Analysts did not bond as a class or form relationships with associates/VPs and they were constantly bombarded with headlines about how the energy space is dying. My understanding is that one or two bad apples did a poor job, got negative feedback and decided to jump early while sowing seeds of discontent amongst the rest of the class. After that, very few of the analysts made an effort to learn/progress (which made their hours worse) and when they were told they could come back to the office after the Fourth, no one did which rubbed a lot of the Houston office the wrong way. Some got jobs, the rest asked for transfers to NYC which the mothership obliged (for various reasons).
I’ve heard anecdotally that the class that just hit the desk is already almost as good and is working less because they’re actually in the office/not dicking around as much.
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