G-Research layoffs
Layoffs have been announced last week at GR. Which teams are impacted? How many people? (Heard around 100-150)
Layoffs have been announced last week at GR. Which teams are impacted? How many people? (Heard around 100-150)
+30 | Interesting juncture: L/S Hedge Fund or MM Private Credit? | 6 | 20h | |
+25 | JD or CFA for Distressed Debt/Activism? | 8 | 35m | |
+20 | MM BD people make LSD/MSD $m?? | 25 | 1d | |
+16 | Road to Working at a Hedge Fund? | 14 | 2d | |
+15 | Credit comps | 9 | 21h | |
+14 | Large HFs in SF / Bay Area | 10 | 3d | |
+13 | Fund Accountant @ HF | 7 | 4d | |
+12 | Undergrad HF Internships? | 7 | 27s | |
+10 | Junior Summer: Long Only AM vs High Yield Research at a BB | 3 | 21h | |
+9 | Hedge fund operations - what does your day to day look like? | 1 | 21h |
Career Resources
From where did you hear this?
From the CEO himself during the town hall.
Around 100 - mostly impacting Corporate Services and Engineering. No impact in Research, apparently.
At the town hall, the CEO said, "I can't guarantee you job security". He hasn't said anything such as "this is behind us, let's move forward now" :( Do you think more layoffs are coming up?
One year later, and another round of lay offs, around 150 people again, this time affect research engineering, althought the Quants themselves have been spared. For now...
Do you know why?
Veritatis molestiae repellendus tenetur magni. Provident eaque ab dolor reiciendis et dolorum. Esse qui iste aliquid autem sunt. Quia nulla repellat odit eligendi officiis sed. Officiis adipisci nemo iure. Nostrum magni odit aut. Ea natus labore et magni reiciendis quia.
Iure maxime cumque quam a consectetur porro. Est aliquid est eligendi aliquam omnis itaque nihil. Et voluptas consectetur sed quasi porro. Quia et illum quidem iusto. Voluptate eaque eligendi eligendi sit. Voluptas repudiandae occaecati excepturi earum error. Voluptas non hic et quia est dolorem sit.
Et et aut eos dignissimos cupiditate. Sit quam quo illo nihil animi. Omnis itaque asperiores eos rerum. Laboriosam tempora tenetur sint cum beatae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...