Wellington Management just did layoffs…

like
Posting as :
works at
You are currently posting as works at

Wishing them strength… That’s shyt in this economy

like

For their investment team?

Across the board cuts. Not sure how deep—all levels from Executive Assistant to MD. Revenue is down 30%…

Revenue down 30%? how is that possible when both the S&P and Fixed income have done okay YTD?

like

Oh god

Related Posts

Do we really have lay offs happening in zs ?

like

One of my senior managers is a boomerang and told me she was laid off when she was 7 months pregnant about 10 years ago. I think she was a senior or manager. She was in a specific group and everybody was laid off. It wasn’t performance based.

Would you work at your company again if you were laid off?

like

Anyone hiring AE’s in Detroit? I got laid off for the first time ...

like

McKinsey & Company I got 3 Years and 10 months as ETL Developer and have worked on below tech stack

1.AWS -S3,Ec2,EMR, RDS, Redshift, Lambda, cloudwatch, glue
2.Snowflake
3. orchestration tools used- Crontab , Azkaban

I got laid off by my current organization and i can join immediately.
Requesting members to help me with the referral...
Current CTC-13.5
EY Deloitte Accenture McKinsey & Company PwC KPMG

like

Has anyone ever been "let go of"? Either laid off or fired. How did you get through it?

like

Just found out I got laid off. Cheers to the weekend 🍺

like

I just got laid off — anyone else get hit this round? ☹️

like

Why do some people get laid off and others not? Is it always utilization? Do people typically know they're at risk before it gets to that point?

like

Hey everyone, I was recently laid off from Meta. I am a senior technical recruiter, who also served 20 years in the military. I am looking for new positions working in San Diego or remotely. Any help would be much appreciated. Thank you so much.

like
like

Meta/Facebook lays off 11k employees

Facebook (Meta)

Post Photo

Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

like

Is Gary Vee still saying that all of their layoffs were not covid related? Vayner folks, is that true?

like

Would it be a bad idea to request another deferral from my firm to clerk for another year for the same judge given the rumors of layoffs?

like

So what’s happening in the local shops? Layoffs? Hiring freezes?

Is Accenture canada expected to do layoffs?

like

Has anyone working tech for a bank been laid off yet? Tech layoffs all over the media but no one is talking about developers at banks (who make up 1/3 of headcount in some cases)

like

EY fish - when you are laid off, is it immediate the day you're told or do you get a little warning?

like

All of my friends seem to have surpassed me in salary over the last few years while I’ve taken a pay cut then got laid off. I feel like a loser.

like

How much severance package Credit Suisse is giving on layoffs?

Are they laying off new joiners too? Where is more impact EON 1 or EON 2 in Pune office?

Credit Suisse

likesmart

More Posts

How long do pe ops jobs usually take to get back to you in final stages? If it’s been a week am I done?

like

I’m a first-time prospective lateral likely to get an offer shortly. I just received a lateral questionnaire that requests billable hours, rates, fees collected, etc. for the last three years. Forgive my ignorance but is this normal/standard? Do people actually answer these honestly? One of the reasons I’m leaving my firm is there isn’t enough work in my group so of course my hours are low.

like

Looking for a gay woman on the east coast (yes I have given up on confining my option only to my city). I’m a clean person, funny, a good chef, good in bed and just overall wholesome. Bonus points if you are a top.

likefunny

Anyone in internal/corporate communications (government is a plus!) that wouldn’t mind looking over a corporate comms and experience strategy for a position I’ve applied for?

like

What is expected CTC for lateral hires for PWC AC for the position of guidewire business analyst ? Total YOE-7..5 as BA, 2 as others.

like
like

Anyone moving to Singapore around Oct 22? In case, you looking for accommodation, let me know. I am moving to PwC Singapore in Oct 22 and looking for potential flat mates.

like
like

LOS- Tax, retain shows no hours booked for the next few weeks. Asked my coach and he responded not enough work to give all associates 50-55 hours...I haven't received warnings- should I be concerned?

I desperately need help/guidance from someone, I tried going to some therapists but they just emphasize antidepressants.

Below are my thoughts rn: Man, I’m 28 and such a bum. I work a job I hate, I have no social circle. I have never had a gf. All these things are so challenging because I’m autistic. I can’t change that. What’s the point of living when society treats ppl like me like I don’t matter. Maybe I should just take a bunch of sleeping pills so I don’t have to deal with life anymore.

likehelpful

6/16 Thread (BC):

like

I wouldn’t even mind the hours of this job if people were kinder.

likesmart

Quantum computing. Can someone through some light. Best place to learn more on this

like

Hi Guys

This is my first month in Nagarro, usually when will we get salary, is it last working day?do we need to wait eod?

BONUS. What’s amount bonus do you get, and how often? Including bonus structure (ex for meeting billable hours), firm/boss randomly bonuses you, Christmas bonus, etc)

like

Hi All,

Can anyone let me know the premium per month for group term life insurance policy by lti.
As this premium will be deducted from our salary so can we add this deduction under tax exemption or not ?

PS : I am a new joinee and filling form B for projected investment, please let me know anyone.

like

Roth vs Traditional 401k, thoughts?

like

Transitioning from line of business familiarity (understanding financial statements) to... real(?) Finance (bonds and cap markets and other debt sales) any advice on books or resources to learn really from step 0?

like

How much package should a data engineer get for 3 year exp?

like

Is there any issue, if the designation at the time of offer is different than that of relieving? Asking because, I am leaving IBM GBS, have told my designation as Senior software engineer ( offer letter had it) to the other company, but got to know that designation IBM will be writing on relieving letter will be application developer.

like

Additional Posts in Asset / Investment Management

Dreaming of less stress and more freedom these days. What would you all be doing if you weren't in this field?

like

Holiday office party coming up tomorrow and I still haven't bought a gift... ugh. Any suggestions? I never know what to bring.

like

How should I pivot to Wealth Management as a Credit Analyst for a commercial bank? I’ve worked as a credit analyst for about a year after graduating in finance last year. I also interned at a wealth management firm while in college. Any advice is appreciated!

like

Due to obvious conditions my comp for the calendar year (salary+bonus) is back to 2017 levels although my overall sales are more than double and 1/3 less total comp than last year. It seems like comp opportunity is always decreasing during good times (I get it) but when it comes to adjusting during bad times, nothing was done. Is this normal for industry sales?

likehelpful

I work in quant and rely on our company’s database for everydays task, but couldn’t get any support from the company’s tech/data team. It’s been such a struggle. Everyday im fighting with red tapes and firewalls. :(

I was recently offered a job as a portfolio implementation analyst at a well known hedge fund. What would my career path look like?

like

Hi,

I’m approaching YE compensation discussions and was curious to see what folks/the industry are paying for institutional middle-market sales/distribution/business-development roles. I have 3yrs of experience with the same firm and am currently working as a sales analyst for the institutional sales team in NA. I have experience with traditional long only solutions, real estate (primarily value add funds), and a sector specific hedge fund. Any and all feedback is welcome!

like

Curious what’s a fair salary in MA? Was just told that there is likely not going to be a chance for a raise during my upcoming performance review due to my salary already being “above average for the industry” based on my employer’s questionable research. I’ve been with the company 8.5 years & am the only one in my role, which they can’t operate without. I execute tasks from two investment advisors and two financial planners - they make the decisions of what should happen & I make it happen.

likehelpful

I’m in asset management sales and keen to accelerate my learning in alternatives (private equity, private debt, real assets, liquid and semi-liquid alternatives) so I can have more productive discussions with clients. 1) What are some good news platforms to stay updated on alternatives space in Asia? 2) Besides CAIA, any educational platforms to learn more about alternatives?

like

What is the average % bonus of base in big AM firms? Have an offer and debating between that and another finance route that I know pays a large bonus if performing well

like

Hi everyone, applied for an investment consulting internship few weeks back.
It's a client facing job, but it might come at a later stage of a job, maybe after finishing my internship and getting a job offer.
I'm interested to know what is the must develop skills, must take courses or must read books to get insight, develop the required knowledge and skills for the position. I majored in business management finance and currently preparing for CFA level 1. Thanks in advance ☺️

like

How much was your bonus this year?

like

Building out private investment platform for a growing company. Where can I find example docs of allocation policies, expense policies, etc. in order to create my own? Are there any good resources?

like

CAIA or CMT?

I do institutional sales for an asset manager. Am graduating in the fall with an MBA from a top 40 school. Would like a designation but dont want to do the CFA.  Between the CAIA and CMT: which one is more applicable to asset management, and better status/recognition? appreciate any insight

like

Hi all!

Long time lurker, first time poster.

Have a pending application with Citi for a Real Estate Senior Risk Analyst AVP position, anyone have an idea as to what something like this would pay? Location is Buffalo NY area.

Thanks for your insite!

like

I’m currently a Risk Analyst and a full time MBA student. I don’t have any experience working on the investment side of the bank but I would really like to pivot into an investment analyst role. I’m from America, but currently working in London and would really like to stay here. Does anyone have any tips or advise that might help me land an investment analyst role in London?

like

Just curious to how my firms (wealth management/bank/trust) comp compares with others out there. I received a promotion earlier this year from an Investment Advisor, AVP to Senior Investment Advisor, VP and moved from $110K to $140K ($130 salary + $10K discretionary bonus) all in. By meeting expectations in 2 pay cycles, the base bumps up to $175K + bonus. Grown in this role over about 10 years with the same firm, MBA + CFA; top 10 city and living comfortably as dual income household.

like

I tutor for cfa if anyone needs help.

like

Not sure if this is the best place but I have my first round with JPM for quantitative research analyst but not sure what to expect. Can any one share any insights or pointers? Been really looking for this opportunity and not sure where to start besides brushing up on my work experience. Any technicals or coding questions that I should anticipate?

like

Isn’t 100k base pay too little at a boutique asset mgmt firm? 4 yrs buy side experience, started at the same firm straight out of college.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what 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 other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal