Is Wall Street beginning to draw away silicon valley talent

Chase / Eng ghosted!
Dec 16, 2018 22 Comments

Starting with hiring of Google's head of AI to JPM Chase

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TOP 22 Comments
  • Amazon JSnowflake
    Lol. He was the "Head of Product Management for Cloud AI Verticals". I believe that means an L7 or L7.5 PM at Cloud. That's cool and all, but not really drawing top talent away from Silicon Valley. Call me when the senior principal research scientists start leaving.
    Dec 16, 2018 3
    • Spotify KXAo87
      Everyone post your favorite senior principle research scientists
      Dec 16, 2018
    • Amazon make_way
      Charles Elkan. L8 and former professor of CS. Moved to Goldman few months ago.

      By the way, who moved to JPM from google?
      Dec 16, 2018
    • Amazon JSnowflake
      Charles Elkan is legit, and I am aware of him leaving in early 2018. My point was that this guy is not another example of the same.
      Dec 16, 2018
  • New Changip
    No way, Wall Street can poach few people but cannot offer the high tech salaries in general
    Dec 16, 2018 3
    • Facebook / Eng pi.ka.chu
      Lol what? Wall Street is rich
      Dec 16, 2018
    • New Changip
      You are delusional, not true for tech. Only few very niche roles in tech get high salaries in finance
      Dec 16, 2018
    • Amazon JSnowflake
      Technology is a cost center in finance. In the tech industry, it is the revenue generator. This drives the difference in the way engineers are comped in the two industries.
      Dec 16, 2018
  • Facebook / Eng pi.ka.chu
    Nothing money can't buy I guess
    Dec 16, 2018 0
  • Two Sigma abcdcba987
    I think the tech talent at Two Sigma is pretty solid. The pay is comparable to top tech firms but there are more opportunities to get promoted to higher-levels (like L6 & L7 equivalents at GOOG). In general people seem to move both ways, some going to Goog, some coming from there, and some going there and coming back to Two Sigma after a couple years (and vice versa)
    Dec 16, 2018 7
    • New / Eng Mldy20
      What levels are there at Two Sigma? How do you say more opportunities to move higher?
      Dec 16, 2018
    • Facebook Valmanway
      Do you end up needing to work more than at Goog?
      Dec 16, 2018
    • Two Sigma abcdcba987
      No, you don’t need to work more then at Goog. Levels go from a scale of 1 - 8. L4 at Two Sigma = L5 at Google
      Dec 17, 2018
    • Facebook Valmanway
      What about things like PIPs/layoffs. Do they do that more than at Goog?
      Dec 17, 2018
    • Two Sigma abcdcba987
      No. They haven’t had layoffs yet and pips are rare (maybe too rare, just like Goog I think they let weak people linger)
      Dec 18, 2018
  • Amazon GvFB16
    Do not, under any circumstances, take a tech job in group IT. Business side tech could pay well and offer clear goals and job satisfaction. Group IT is where talent dies.
    Dec 16, 2018 1
    • Hotwire xtatic
      What is Group IT?
      Dec 16, 2018
  • Chase / Eng pPRh60
    They don’t compensate the average developer enough to really raise the overall talent level.
    Dec 16, 2018 0
  • Facebook / Eng 5'6"Indian
    Is that where the prestige is? Time to move
    Dec 16, 2018 0
  • New
    ErkH34

    New

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    Google
    ErkH34more
    Right now tech industry Overall has much higher revenue than finance and can afford to top talent. Wall Street can peach few but not majority
    Dec 16, 2018 0