JPMorgan Will Not Be Outdone By Credit Suisse, Hush Hush About Plans, Though
We hear Syndicated Leveraged Finance analysts at JPM, currently in training, were rounded up yesterday and told that “there will be people leaving this group.” No mention of how or when the cuts will come. Heard anything similarly vague and sinister? Let us know.
Comments
heard this too
Posted by: Anonymous | September 26, 2007 11:28 AM
I hope your firings go really well.
Posted by: Peter Gibbons | September 26, 2007 11:45 AM
Why should I change my name? He's the one who sucks....
Posted by: Michael Bolton | September 26, 2007 04:22 PM
Here at Merrill Lynch we are hearing rumors of as many as 5000 layoffs by years end.
Posted by: undisclosed | September 27, 2007 10:13 AM
That 5k figure is a little too high there buddy... you must be on something.
Posted by: Anonymous | September 27, 2007 10:45 AM
5K sounds about right. Citi dumped 11K or so last year (lots of back office)
Posted by: B2B | September 27, 2007 02:01 PM