Are there anyone doing IB FO here? I'm curious about how the IB market is like now. Heard that IBers from Goldman, Macquarie and CIMB got laid off recently.

What is the environment like in FO now? What would be the typical expected plans for those who got laid off? For example, I believe that some of them are analysts (<2 years). Where could they reasonably go from here, considering the current environment?