Will we be seeing Schulte Roth listed on The Layoff List soon? We have been hearing whispers of layoffs occurring at Schulte this week.
Layoffs at Schulte would not come as a surprise. Schulte over-weighted themselves in the corporate/hedge fund practice areas. Unfortunately, as sources of financing have dried up, getting deals done has become a tremendous challenge. We’ve heard that Schulte’s corporate practices have completely dried up.
Any associates out there care to verify these reports?
Definitely true. Probably close to 25 layoff all done stealthly and blamed on performance – assholes.