I was laid off by my firm today, after 14 months working here. My boss's boss told me that the firm hasn't closed any big deal since I joined and needs to cut down expense. Given I am the only analyst in the firm and they didn't have such a position before, they think it's best for the firm to go forward without a junior position.
I was really excited when I was given the opportunity to intern there. I worked as hard as I could to convince them that I can add value as an analyst. I was so excited to receive the offer after the 2 months, especially since they only had 5 people on the banking side. I tried to continue giving it my best effort. We had 2 very good opportunities to close a ~200M deal, but both times the other side backed out at the last minute. Partly because of this, work got really slow earlier this year and today this happened.
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