Thoughts on recent layoffs? Do we think it will hurt our industry this year? I am still bullish and I hope I’m right.

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It’s definitely unsettling to see the layoffs, but I’m with you, I’m staying optimistic. The industry has its cycles, and while these layoffs may cause some short-term pain, I believe IBD will bounce back. A lot of demand is still there, especially as things stabilize. Fingers crossed we’re right!

You should be okay, the IB industry slimmed down in 2023 & 2024. With M&A and New Issues expected to heat up over the next coupe of years, at least that what Trump is pushing for, could yield more hiring, theoretically.

But, we live in uncertain times, so who knows… I’m staying positive.

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