“Friends and colleagues,
After two very educational years, the time has come for me to leave Goldman Sachs. Beginning in August, I will be moving on to my next adventure, The Carlyle Group in New York. I have attached my updated contact information below, and look forward to keeping in touch.
Warmest regards,”
-Breaks In The Track, The [...]

Layoffs | 7 Comments »

“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 [...]

Economy, Investment Banking Internships, Layoffs | 10 Comments »

Subject: Hey, do you have a minute? Either come to my office or we can meet in a conference room.

Uh oh.

Unless that email is coming from the co-worker you’ve been secretly dating or (one of) the secretaries you’re having an affair with, you’re probably going to be fired in the next 5-10 minutes if you see this subject line in your inbox.

Layoffs | 10 Comments »