Overview

• Junior bankers at Robert W. Baird reported being forced to work 110-hour weeks, with some assigned grueling 20-hour days.
• At least two employees were hospitalized due to the intense workload, including one who suffered pancreas failure and was later fired for 'low productivity.'
• A viral post on Wall Street Oasis brought attention to the harsh working conditions, sparking hundreds of similar accounts from current and former employees.
• Management held a town hall and fired mid-level banker Aaron Haney, accused of assigning excessive hours, but employees report ongoing overwork and weak oversight.
• The revelations follow broader scrutiny of Wall Street's extreme work culture, with other firms implementing hour caps after deaths linked to overwork in recent years.