Wall Street bonuses fall short of already-low expectations: ‘Absolute s–t’
NY Post
Few on Wall Street were optimistic about bonus season this year — but stingy payouts have still managed to leave many disappointed.
The consensus among most junior bankers is that most faced yet another year of “s–tty comp,” according to Wall Street’s meme master Litquidity.
The finance-focused social-media account has been barraged with junior bankers complaining that bonuses this year were a “bloodbath” and “across the board bad news.”
Nowhere was that more evident than at Citi, where employees have been informed roughly 20,000 of their ranks will be culled.
While few expected anything too generous given the state of the bank, the lackluster comp only exacerbated the poor morale.
“Citi bonuses were straight-up disrespectful,” one employee complained to Litquidity.
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