Perella Weinberg Cutting 7% of Headcount to Allow for Hiring
- Move affects fewer than 50 employees across all levels of firm
- Company has hired bankers from Credit Suisse, Goldman Sachs
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Perella Weinberg Partners is trimming about 7% of its headcount to free up funds for hiring top banking talent, according to a person with knowledge of the plans.
The move affects employees across all levels of the New York-based investment-banking firm, with a mix of banking and corporate functions being cut, the person said, asking not to be identified because the plans aren’t public. Fewer than 50 people will be affected, the person said.