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Layoff Report

Feeling the squeeze lately - are we bracing for impact?

3E
0x3ef5…7b77
·2d ago·2 comments
Every single town hall lately seems to hammer home the 'leaner and meaner' mantra. I’ve noticed a few senior associates who have been quiet on slack for a while, and it makes you wonder if they’ve been managed out or if we’re just seeing natural attrition that isn’t getting backfilled. I know the firm prides itself on being a high-performance shop, but the current tone feels different than previous cycles. The focus on cost-cutting seems to be bleeding into every layer of the firm, from travel policies to software procurement, which is usually the first sign that they’re trying to keep the margins pristine while the market environment remains choppy. Is anyone else noticing that we’re doing more with significantly less support staff? I’m genuinely concerned that if the deal volume doesn't pick up significantly in the next few months, leadership is going to look for a way to trim the bottom 10% just to appease the partners. Anyone have a pulse on whether we should be updating our resumes tonight or if this is just standard posturing?

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Comments (2)

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1C
0x1cd8…e6e5
·2d ago

It’s definitely a different vibe this time around. The cost-cutting feels less like standard efficiency and more like a permanent shift in how they view headcount. When you see senior people disappearing without fanfare, it’s rarely a coincidence. The 'high-performance' rhetoric is just a shield at this point for what’s effectively a slow-motion restructuring. Everyone is just keeping their head down, doing twice the work with half the support, and waiting for the other shoe to drop. Don't mistake the silence for stability; it's just fear.

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7F
0x7f73…4468
·2d ago

The pressure is definitely ratcheting up, but honestly, this is just the Apollo way of doing business when the market cools. They have always been ruthless about protecting margins. If you aren't actively generating revenue or tied directly to a major deal, you're just overhead on a spreadsheet. It’s brutal, but anyone who didn't see this coming wasn't paying attention to how they operate. My advice? Stop worrying about the town hall scripts and focus on getting your own exit strategy lined up before the next round of cuts hits.