Finance

How frequently do people actually get fired? In two years I've seen two associates and one VP get the boot from my BB coverage group. Typical?

like
Reaction Icon Like
Arrow Icon
works at

People have usually been a lot happier after being laid off. Most take vacations for 2-3 months, hunt for a job for a month or so, then back at it within 4-5 months of being laid off.

Reaction Icon Like
like
Arrow Icon

Fired or laid off? Laid off I unfortunately see a lot. Fired on the spot due to serious negligence or something of that sort, I've only seen once.

Reaction Icon Like
like
Arrow Icon

Heard 5 got the boot at BARC in FX, BARC fish got any details?

Reaction Icon Like
like
Arrow Icon

We fire 30% every 2 years

Reaction Icon Like
like
Arrow Icon

Unfortunately happens all the time here. The cost cutting is real.

Reaction Icon Like
like
Arrow Icon

Ok so what generally happens to people that get canned? I know about my friends but generally what becomes of people? It's not like I see formerly laid off people starting here ever. If you haven't guessed I'm being paranoid.

Reaction Icon Like
like
Arrow Icon

If you work at DB...You should be able to see a ton of layoffs.

Reaction Icon Like
like
Arrow Icon

Yeah I really meant laid off/RIF'ed. I'm sure people almost never get fired for cause

Reaction Icon Like
Arrow Icon

In my 3 years I've seen one associate and five or six VP/Directors get let go in my group (BB). Some have gone back into banking while others have gone to work for clients or a corporate role

Reaction Icon Like
Arrow Icon

Related Posts

Any of this craziness making people concentrate more on religion? I consider myself very religious and don't think the world is ending right away but I do see signs.

likefunny
Reaction Icon Like
Arrow Icon

Why is this dead

like
Reaction Icon Like
Arrow Icon

I’m all for it. Thoughts?

Post Photo
likefunny
Reaction Icon Like
Arrow Icon

WFH today, news on in background. Holy smokes Cuomo is a 1-man fear factory. Capt. Obvious can't shut up. Today he has a G.I. Joe uniform on with an arm patch like he's on a virus safari. Srly?

likefunny
Reaction Icon Like
Arrow Icon

Recommendations for what to do/eat/see in Kauai/Honolulu/Maui? Pretend there was no COVID epidemic.

like
Reaction Icon Like
Arrow Icon

Who thinks they need to give more information on the Covid19 case in the Chicago office? HR needs to communicate more and the person should volunteer to come forward so we know if we’ve been exposed.

like
Reaction Icon Like
Arrow Icon

https://www.usnews.com/news/health-news/articles/2020-03-19/nearly-40-37-of-hospitalizations-in-us-covid-19-cases-involve-adults-under-55 If you didn’t already take this as seriously as you should, you need to start right in this moment.

likehelpful
Reaction Icon Like
Arrow Icon

To the pharma experts: why does the US have different names for medication? I understand the brand name vs. generic name but I see it with generic names, too. Example: Tylenol is acetaminophen but

like
Reaction Icon Like
Arrow Icon

Pwc 🐠 at ALEX Chicago, who is going out tonight? Let's have fun!

like
Reaction Icon Like
Arrow Icon

Why are there a bunch of accountants on here all of a sudden?

like
Reaction Icon Like
Arrow Icon

Serious question: why can't US go in a lockdown mode like rest of the world (China, India) to help prevent the spread? What's stopping us from doing that?

likefunny
Reaction Icon Like
Arrow Icon

Been so long since I’ve had sex that when I’m having a sex dream my brain automatically registers that I’m asleep and wakes me up 🙄

likefunny
Reaction Icon Like
Arrow Icon

This coronavirus is really taking it's toll on my workplace affair. Now I'm locked in with my wife wondering what happened to all the late night work.

likefunny
Reaction Icon Like
Arrow Icon

Coronavirus topic v69.69 29Feb2020 AB DRAFT (69)

likeupliftingfunny
Reaction Icon Like
Arrow Icon

Anybody buy a sidearm during our current episode? If so how are you using it?

likehelpful
Reaction Icon Like
Arrow Icon

Someone posted a hilarious “screenshot” of their Wells Fargo deposit saying that the stimulus checks came in. I wanted to grab it to send to a friend but can’t it anywhere online! Can someone repost?👍

funny
Reaction Icon Like
Arrow Icon
likefunny
Reaction Icon Like
Arrow Icon

Serious post. Let’s think through some of the positives of the virus. This is going to change the entire world in a lot of ways and they’re not all bad. I’ll start...

likeupliftingfunny
Reaction Icon Like
Arrow Icon

Download the Fishbowl app

That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.
Share

Embed this post

Copy and paste embed code on your site

Preview