Investment Banking

Stressed junior bankers work harder as lay-offs hit 

Analysts and associates in investment banking are facing more pressure as job cuts and slow replacement of departing employees leads to thinner teams

‘At any other time, we would have had people fighting to get in the bank’
‘At any other time, we would have had people fighting to get in the bank’

Junior bankers working 100-hour weeks are being stretched further as lay-offs hit teams and departing employees aren’t replaced. 

Although investment banks have been forced to confront the brutal hours clocked by those at the bottom rung of the career ladder in recent months, juniors say that workloads are becoming unsustainable and teams ever-thinner. 

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