Banks set to cut 10-15% of staff as markets take toll on revenues
I remember having a conversation with Dan about 3 months ago discussing how lucky we’d been to enter the financial job market when we did. It was only a few years ago, he pointed out, that 20% of all young analysts had been laid off due to poor market conditions. For us, however, there are more opportunities in hedge funds and banks than ever before. I think I’ll call my parents and thank them for their good timing..