The time is ripe for Wall Street layoffs as recession looms and deals boom turns to bust - CNBC

6/27/2022 12:00:00 AM2 years 10 months ago
by Hugh Son
by Hugh Son
Banks hired thousands of employees during the pandemic deals boom. They will have to start laying some off soon.
People walk by the New York Stock Exchange. Less than six months ago, Wall Street bankers were reaping the rewards from a historic boom in mergers and IPOs. Now, thanks to a confluence of factors t… [+5777 chars]
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