Massive Wall Street layoffs feared as banking profits tank - New York Post


7/17/2022 12:00:00 AM2 years 9 months ago
by Lydia Moynihan

Whispers of hiring freezes and even layoffs have begun to circulate at financial firms as soaring interest rates and recession fears have tanked appetites for mergers and other big corporate deals.

Wall Street spent the past year binging on bankers. Get ready for the Big Puke. Whispers of hiring freezes and even layoffs have begun to circulate at financial firms as soaring interest rates and r… [+4368 chars]

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