Wall Street bank job cuts set to surpass 11,000 as hiring binge unwinds
Executives try to reverse pandemic recruitment spree that propelled headcounts to record high
Source: irishtimes.com
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JPMorgan's intern class has actually grown this year
Summer's here. And a lot of people are showing up at JPMorgan.
Source: efinancialcareers.com
Junior bankers think senior bankers don't care. Senior bankers think juniors are too needy
Communication is key in every relationship. Even in a bank.
Source: efinancialcareers.com
Wall Street kept hiring throughout 2022 despite expense woes
Banks are now embarking on cost cutting, including mass layoffs.
Source: americanbanker.com
Goldman Sachs could execute a sizable job cut in January
A CNBC report says Goldman Sachs is planning to lower its headcount by up to 8.0%. Goldman Sachs stock is down 15% versus its YTD high.
Source: invezz.com