Finance

Anyone else worried about the rumored upcoming layoffs?

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works at

I’ll just leave this here...

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funny
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Not really...

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Is this a BlackRock specific question? I’ve heard a couple of rumors about layoffs associated with the upcoming move to Hudson Yards (mostly on the equities side)

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smart
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Black specific?

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smart
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Yes, blackrock specific. Heard about Hudson yards but also huge layoffs starting next week

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You should be fine. Usually mid-senior level people are first to go

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Def not

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Today’s market surge may have a forestalling effect by getting banks to reconsider their sizing strategies ... but don’t bank on it.

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But as I keep repeating in this forum, you should always be working on your next job in this business.

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likehelpful
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OP which group are you in?

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A “non growth area” but I’m the only analyst on my team

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D-day is tomorrow. Heard analysts aren’t affected.

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I heard a couple of other shops are cutting too. Aqr etc. gl everyone

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