Nomura employees said unhappy with bonus pool allocations

way out

Nomura’s cutting its ranks — but those still with a job aren’t going to be happy either.

The New York Post reports that New York investment bankers at the bank are fuming after their bonus pool was slashed 60% — to $20m.

The US unit had originally sought a $50m pool for its remaining 39 employees, a source said.

In the meantime, Bloomberg News reports that Nomura has cut 32 jobs in New York City.

The bank disclosed the figures in a so-called Warn notice and posted on the state Labor Department’s website. The company is eliminating 60 jobs outside Japan, people familiar with the matter said last week.

The cuts were set to occur around July 11, according to the filing. All of the jobs affected have already been eliminated, said a person familiar with the move, who asked not to be identified without authorization to speak publicly.

Nomura’s surviving bankers aren’t happy with bonus cut

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