As banking layoffs continue into 2023, there's a non-negligible chance that your own job will be put at risk. However, you're not entirely passive in the process. There are actions you can take, and you should be taking them now.
Job cuts are unquestionably coming. Credit Suisse and Goldman Sachs alone are planning to cut over 6,000 people. Roy Cohen, a former coach at Goldman Sachs and author of the Wall Street Professional's Survival Guide, says that “just about everyone” believes “there will be cuts in 2023 and they will be broad and deep.”