Many cuts have come in capital markets divisions amid a moribund deal-making market, following similar layoffs in the U.S.

  • setVeryLoud(true);@lemmy.ca
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    1 year ago

    I work in banking.

    My workplace fired every single contractor in our division this year to cut costs.

    We are no longer allowed to work overtime (yay for me), and we must limit our travels to our office to once a month if we live further away than an hour from it to save on paying for our gas.

    Projects are being scaled back left and right. They look very financially scared is the best way I can put it.