When the layoffs hit the BBbanks, where are the first cuts amongst IB, sell side research, buy side research, trading, sales, operations? Maybe rank starting with first out.

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

Id think the most manual ones that are cost bags of the firm ie traders, midlevel bankers, etc BBs have buyside arms that are generally tight kit and small to begin with-with higher roe than most teams so no cuts there

like

I have been thinking it's IB, S&T, buy side, operations, sell side. That sound right?

Related Posts

Novartis India recently fired 400 employees. I have read in an article. Is job security an issue at Novartis?

like

If you still believe the election was stolen, you should be fired from your job because no client deserves a consultant with such poor critical thinking skills.

likeupliftingfunny

O&M Creative: more shuffling still to come? And by shuffling, I mean layoffs too.

like

Should people be fired for lack of people skills?

like

I asked for a raise and instead got laid off. Told that after looking into finances not only can they not afford a raise they cannot afford me. But I know for a fact they are replacing me with an Agency that say they can run our Social Media for 500pcm. Is this normal practice these days?

like

Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

like

What happens if I get terminated from Infosys? I will never join IT anymore so will it be a problem if I get myself fired?

like

Any layoffs in Luxoft , will there be any difficulty for bench employees

like

I was informed today that my employment would be terminated at a tier-2 consulting firm in Toronto. The reasons for my dismissal are unclear and I would like to get legal advice on the termination agreement and severance package that was offered. Has anyone experienced a similar situation and can refer a good employment lawyer?

like

Hey Guys. Regarding the forced layoffs in PS. It’s high time we unite and hit them back. I’ll request all people who’ll receive the video connect email from PS to do one important thing. Use a a pen camera or a hidden camera(small) in your pocket before attending the call and record the call and events. These peoples should not be spared. Try to get some evidence and let’s expose to public media and other legal teams. You can do this anonymously thereby saving others from this crap.

likefunny

Have an offer to start at Deloitte in July in Org Transformation consulting. If it doesn’t get pushed out because of the virus, is it a good time to switch firms in July? Concerned that layoffs may be imminent if I am so new to the firm. I will be coming in at the Consultant level if that matters.

like

So I've had 2 hiring managers and several recruiters from Amazon reach out to me about applying for some open positions with the company (android). I completed the coding assessment and now they want me to go through a round of 5 hour interviews next week. Is there a good chance I'll be hired if engineering managers are reaching out to me? I'm really not sure how badly I want to work for them and I don't want to be laid off months after being hired on. Anyone know what Amazon hiring is like?

like

Have layoffs been finished for the year or are more coming?

like

Given the outbreak, are places actually going to be hiring right now? Recently laid off from 9-5 and my freelance is starting to fizzle.

like

Anyone else using their layoff as an excuse to finally pursue a new career?

like

Coworker got fired because they stole my clients! We have a policy stating that the realtor who initiated the contact should be the one closing the deal to give them a fair chance. I feel bad but they should have read the policy...

like

Do you think it is quite possible to get fired by asking too many questions as an experienced senior 1? If so, i might get fired after this busy season.

funnylike

Laid off after Thanksgiving. 54. Not done yet. Plenty to offer. In Detroit but ready and able to move anywhere. AD/CD. Hangin in there. How bout you?

like

Vicious layoffs at HCB health.

What should be the salary expectation for a senior software engineer role in bolt, Estonia.
I am currently at CTC of around 45 LPA in banglore in a growing company and trying to figure out if it is wise to go to another country especially considering the layoffs and potential global economic slowdown.

smart

More Posts

Are Analysts expected to travel while working for the consulting practise at Deloitte India? How often is one staffed on/rotated across projects?

like

Anyone in NYC this Thursday eve? Looking to go out and have a fun time. Tips/companions welcome :)

like

My brother-in-law (age 30) told us recently that he is transgender. How can we support him? (‘Him’ as we haven’t discussed pronouns yet). It was a surprise to us!

likeuplifting

Any bonus and payrise at Visa Inc have been communicated yet?

like

Immigration lawyers had sent me a questionnaire to fill out for Manager PERM. They now just came back saying that they need to assess me for a different position. Anyone else experience this? I wonder if this means they’ll now just file a Senior Perm instead? Asked them but they’re not very responsive.

like

Looking to fully refresh my ski equipment (skis/bindings, boots, etc). Midwest places are starting to close up (wtf I know!). Anyone have recommendations on solid ski shops? Prefer Denver/Colorado Springs Metros but open to all.

like

Google Cloud,anyone here has an idea of the TC for an L5 Customer Engineer

like

Only genuine answer expected:

Apart from big companies how to get good salary in MNC.


Current sal almost 40lpa

Looking for 72lpa.Not getting any call from naukri .


Where to put my resume.

Yoe-8 years.

@witch @consulting@big4

like

Hi Fishes,

I'm looking for an .NetCore with AWS related role in an product company.

Serving Notice period - 28 days more
Location - Bangalore

Please lmk if there is any opportunity for this.

Thanks for the help in advance

like

What would the salary be for a VP of Finance at a family office looking after two HNW CEO's?

like

Is salary credited?

Anyone know much about Simon-Kucher? I have an offer for SC there for $125k base with all-in TC for the year expected $165-175k. Currently a CO with 3-4 YOE, and considering making the move. I think CO at my firm is the equivalent to SC at B4

Making about $103k base now, so not sure if I should hold out for better

like

I have my first round interview (phone case) with McKinsey tomorrow. Any tips on what to expect with the phone case? Will there be an introduction (elevator pitch + why McKinsey?) or will they jump straight into the case? It’s only 30 mins.

like

During my job search, I am getting a lot of recruiters asking for me to answer right to represent emails. These particular recruiters follow a same pattern and seem unprofessional. Shall I be aware and not sign these right to represents? Are they a scam? Or is it a cultural thing… can someone advise me, I’m based in the USA

like
like

Does anyone have any advice on finding a career coach? Im at a crossroads in my career and planning my next moves. Seeking advice from a professional, experienced coach. If you can recommend anyone that’d be great! Thanks!

like

Suggestions to move to a market facing role as a fresh graduate with internship experience in market risk?

like

Hey everyone,
I’m currently a Market Analyst for a small consulting firm. I’m looking for a new role with room for growth. I bring enthusiasm and experience in modeling, forecasting, and research. I would be grateful to be connected or referred for any open roles you might know of. Thank you!

like

O&M Creative: more shuffling still to come? And by shuffling, I mean layoffs too.

like

Additional Posts in Finance

I was thinking that the rise of driverless cars could mean no more car chase movies. Robots not only taking our jobs but also our movie plots

like
like

Any insight on CAIA? Difficulty and whether it impacts salary?

like

Another week of models and bottles... And by that I mean excel models and bottles of 5 hour energy

likefunny

Ezoo this weekend any youngins??

like

Anyone else hate seeing this on resumes " Managing Director, Student Investment Fund"

like

Describe your current deal in 10 words or less.

like

Two missed calls from our fearless leader. Either this is social engineering or I’m more important than I thought I was

Post Photo
like

Do you have Asians that are in the MD-level on your team? How would you describe them? I find that it’s difficult for Asians to climb high up in the corporate ladder (also read the book bamboo ceiling

like

Any meal-kit delivery services you have tried and would recommend? My friend sent me a trial box from Home Chef and it was great. Ready to try others too!

like

Does anyone here know of a good resume/cover letter proofreading and optimization service? Looking to get mine professionally checked and would greatly appreciate it if anyone could share their personal experience. Thanks!!

like

First year analyst here... my manager often asks me to buy coffee for her and never pays me back. What should I do?

like

How many of you already have life insurance and long term disability with a trusted provider? Is it worth getting?

like

Private equity guys, give us the lowdown on the good, the bad and the ugly of your day-to-day hustle.

like

Khaleesi is coming to Westeros!!!

like

If you're a vegan, do crossfit, and own bitcoin... which one of these things do you mention first when you introduce yourself to someone?

like

Differing views at firm...do you wipe existing amortization in acc/dil or is your intangible write up in addition to existing? I always believed the latter.

like

Xerox's bid for HP is effectively dead, at least for now.

like

having one too many career moves on your resume is a devastating obstacle to overcome. so be thoughtful about your choices so you don’t end up like me :(

like

First manager role, high pressure to deliver. Tips to succeed?

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