Is Baringa Partners doing lay offs at MD levels? Recently saw a lot of partners/MDs quirt and join new.
Is the company culture same or going down?

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There is always a chunk of partners that retires every 6m and then they are paid out over the next few years. Some partners will leave if they aren't performing or simply if it's not quite working for them.

Similar for Ds to be honest. There are commercial expectations at that level and thresholds to make the Partner bar. Some realize it's not working for them and some are performance managed if after a decent attempt they can't deliver commercially.

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If they are quitting and immediately joining another firm, they are most likely not getting laid off

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Seems like it's been higher than usual amount of MDs leaving. And they have only been with the firm for 3 years or so. Recent hires are all strategy background with cost cutting expertise

I saw an opening in Value Creation Services team, what work this team does? SG&A cost out or anything in addition?

Thanks BP1

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