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by ImprovedSilence 2354 days ago
I think this is an extreme view that isn’t entirely represented. I’ve had friends that worked pretty much 7am-7pm tying to get to that huge bonus, yes, but the majority of the team didn’t get fired. They did, however mostly all transition to other roles that are not as well known for lavish bonuses, but they do do very well. There are many support roles, client dealing roles, project management type roles, that are less ruthless than a front office buy side role. And less well compensated too, I’m sure. But that is where the majority end up at these banks.