“Other investment banks are adopting a “wait and see” attitude: If revenues are tracking below estimate in February and March, the industry could cut more workers, said a person familiar with a leading Wall Street firm’s processes.” —CNBC
5 replies (most recent on top)
There will be some...now is a good time to trim the fat/low performers.
Layoffs? They will give you no bonus and 3X the work
I say yes.
Well at least Jane will be safe, that’s all that matters.
Yep...all major banks will have to do this to please their shareholders and keep their million dollar jobs.