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Layoff Report
Performance review season + no budget = anxiety?
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0x52c1…6a4fSo, performance reviews just wrapped up, and usually, there's some talk about bonuses and potential raises, even if it's just the standard corporate speak. But this year? Crickets. Absolutely nothing concrete about budgets for compensation. Combined with the rumors about potential headcount adjustments and the general market slowdown in asset management, it's hard not to feel a knot in your stomach. My manager was incredibly vague when I asked about salary expectations for next year. It feels like everyone's just waiting for a shoe to drop. Is this just the new normal in the industry, or is BlackRock specifically tightening things up significantly? Anyone else in a similar boat, feeling the uncertainty about their compensation and future here?