The Incoming Analyst Conundrum: What To Do If You Get Transferred
“We’re told that Bearpont Morgan Chase is moving over a third (50/133) of its incoming IBD class over to the commercial bank. Apparently HR has been telling the demoted that their sentence will last one year, at which time they’ll (hopefully) be brought back over to IBD.”
-(Not Quite) Layoffs (But Considered By Some To Be Just As Bad If Not Worse) ‘08: JPMorgan CHASE, Dealbreaker
With news last week of JPMorgan transferring over a third of its incoming investment banking analyst class to the commercial banking side, there are some extremely panicked, recently graduated seniors running around.
If you have been affected, what do you do? What if you lost your summer internship or full-time job entirely?
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