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Hey! Any Google folks know if itโs possible to negotiate fully remote if a contract role is hybrid? Personally, I donโt want to relocate and go to the office on a contract role given the current economy. Plus, Iโm assuming contractors are the first to go in layoffs. I just think itโs a fair trade off if Iโd be allowed to work fully remote. Iโm also trying to have flexibility to manage my Airbnb business in a different country. Same time zone as the home office if Iโd travel weeks at a time.
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Finance is forecasted to lose more jobs than during last recession...
Glad to be safe and sound in industry ๐๐๐
Rising Star
What banks?
PWP
I heard PWP has announced layoffs, which doesnโt surprise me because 1) they go after whales unlike Moelis etc 2) the rx rainmakers all left to found Ducera
Rising Star
Ducera > PWP everyday of the week. Perella is a bunch of losers
It is.
I know my firm is changing staffing and performance policies. I bet they just don't want to say they're doing layoffs.
My friend told me that you guys have a big meeting wed about current affairs?
This is true
I know Mizuho and TD started laying off people recently. Honestly, I think the people who are in M&A/Advisory groups will get affected more due to the decrease in deal flow. I doubt DCM/ECM/LevFin will be affected too much.
I think the M&A part is off - M&A activity will ramp up quickly as valuations for businesses are low and ripe to be acquired by vultures
Pro
Of course it will. Dont be naive.