Does anyone know if there will be any impact to promotions, bonus caps etc at P&T due to the economic concerns?

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All they have been saying is the firm is doing fine. Would love to see how they spin this one

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If you realize there is economic concern then you should be smart enough to know yes there will be impact to all you mentioned. Not sure if you needed the assurance there will be ?

People don’t get promoted when things are tight and as such bonuses aren’t given out for missing goals.

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Yeah my guess
Less people promoted, lower raises, and a lower total bonus pool
And the firm narrative will be its because we aren’t doing any layoffs, all while we rate people more harshly in CRTs and “coach people out”/rate them a 5 and push them out.

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