LayoffsSep 19, 2019

Tower Research Capital

Does anyone has details about recent layoffs in tower research capital - I have heard they have fired some senior level people also. Is tower on the verge of shutting down? How is jump and other firms doing this year?

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Microsoft uxexye Sep 19, 2019

I heard that they haven't made as much profit recently. I don't think it'll shut down soon though.

Tower Research Capital yatrcer Sep 27, 2019

Source?

Microsoft usbeucirng Sep 27, 2019

Friend working there. Said they are cutting costs wherever possible.

Jump Trading bUTP41 Sep 19, 2019

Jump hasn't had these issues. Doing well

Tower Research Capital asus0 Sep 20, 2019

Tower is doing fine. They just need to cut cost.

Microsoft usbeucirng Sep 22, 2019

Hey, heard the WLB is terrible. Thoughts?

Tower Research Capital yatrcer Oct 13, 2019

Most people work 8-10 hours, office empties out around 6:30pm. Not bad if you ask me.

Tower Research Capital yatrcer Sep 27, 2019

Just some repurcussions from growing too much too quickly. Tower is not on the verge of shutting down.

Tower Research Capital scorpionxy Sep 28, 2019

Yeah - looks like they hired a lot of bad people in past few years. There hiring bar is lowered as well. Probably result of wrong management.

Hotwire SpaceMonki Oct 12, 2019

After my last on-site with them, I wished they became extinct and my wish seems to be coming true. Keep falling Tower!