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Have an offer at Citi for 120K as an AVP in the NY office. Currently making 92K at my current role. Is this a fair offer? I currently WFH pretty much full time at my current role but it seems like this one requires 2-3 days in the office - and this is something I’m very hesitant about. Thoughts on how to approach this?
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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.