Any indications about potential Headcount cuts in early 2021? Firm has already publicly commented about the need for less real estate.
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Not as bad as 2022.
They have let go a lot of FTCs and converted a few to FTEs. Based on that, I don’t see much of a reduction especially in the lower cost cities like Budapest, Montréal, Glasgow and Baltimore.
There could be a cut before of shortly after comp day for usual annual clear out.
But I think they use WFH to their advantage. If staff don’t come in at least 70-80% of the time, they’ll be canned for non compliance.
2011 will be wonderful. Many people are saying this. Especially those lucky enough to live through 2011.
2021? Hard to tell