Interviewing after getting laid off

Hi everyone, I was recently laid-off as a first-year analyst at a lower-tier bank. My position was affected due to RIF layoffs throughout the bank, especially in my group. I am confident that the reasons for my layoff were not performance related as I had solid reviews from those that worked with me. I do not have any deal experience and mainly worked on pitches that did not go anywhere. I am starting to apply to jobs again this week but I am afraid that recruiters and those interviewing me will see me as less capable for the position because of my situation. 

Would love to hear any advice or what you guys think I should do when explaining my situation to recruiters. Thanks in advance!

Comments (5)

Lockwood, what's your opinion? Comment below:

Honestly people get the situation.

Don't sweat it. Just be open to role level and try to secure a decent role with some security.

Make sure you spend your time brushing up on technicals and modelling. 

TMT M&A - London
  • 5
  • Analyst 2 in IB-M&A

Most people are more understanding than you think. It's not your fault, just work hard and walk through the deal rationale, valuation, technicals and any sector knowledge you may have built up in your interviews. Most importantly, be patient and don't expect a new job to come through immediately. It may take a few months. Lateral hiring picks up in June.

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BuysideHustle, what's your opinion? Comment below:

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