Amongst the recent redundancies those finding it most tough to find a new role are VP’s.

We are seeing demand for analysts and those who can execute at the analyst or associate level and for directors who can generate revenue or bring clients with them. However we are seeing a real shortage of options for candidates who have over 5 or 6 years experience but yet to originate deals themselves.

The driver behind this seems to be cost as firms look to minimise investment in favour of better managing the way their existing staff work.