THE BASIS POINT

Layoff Alert: Headcount spiked at JP Morgan (13%), Goldman (17%), Morgan Stanley (26%) last 2yrs, but now revenue has “fallen off a cliff”

 
 

Banks hired thousands of employees during the pandemic deals boom. They will have to start laying some off soon.

Banks hired thousands of employees during the pandemic deals boom. They will have to start laying some off soon.

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Check It Out:

Wall Street Layoffs Likely Ahead As 2-Year Hiring Boom Turns To Bust

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