"Wall Street's M&A rebound got a boost on Monday with the biggest take-private buyout in years, but experts are warning that the hiring landscape isn't showing the same signs of revival. Video game producer Electronic Arts on Monday said it would be sold for $55 billion in a transaction hammered out by bankers at Goldman Sachs and JPMorgan. The price tag marks it the biggest take-private deal since the M&A boom in 2007 that preceded the global financial crisis."
"Though that's welcome news for everyone's league tables, it doesn't stand to do much for their job boards, insiders said. "Even a deal of that size is not going to move the needle that much" on year-end bonuses and job opportunities at Wall Street banks, said Alan Johnson, a compensation expert and founder of the consultancy Johnson Associates. Dealmakers kicked off 2025 anticipating a cascade of M&A opportunities, but tariff concerns in the first half of the year temporarily halted growth."
Electronic Arts agreed to a $55 billion take-private sale led by Goldman Sachs and JPMorgan, the largest such deal since 2007. The transaction improves dealmakers' league-table positions and generates revenue for major banks, but it creates limited hiring upside. Global M&A activity is slowly returning after tariff-related slowdowns earlier in the year, with standout transactions emerging. Hiring remains selective and uneven, favoring senior bankers while junior analyst and associate roles face pressure. Accelerating AI adoption is expected to reduce junior roles over the long term, keeping job openings constrained despite headline deals.
Read at Business Insider
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