Quit before having another job?

New nFtz03
Jun 30 38 Comments

Hi
I am working in a big Wall St investment bank as an SDE. ( Using my wife’s login here, as did not want to give away the employer’s name)
Yoe: 15+yrs, TC :200k
Completely bored at work. No scope of growing, no chance of getting any interesting work in the future.
No chance of TC increasing much either. Also very toxic environment.
I want to join one of the top tech or fintech/hedge funds in nyc.
Started preparing , leetcoding 4 months back. Gave onsite at G and FB and failed both. At FB, was close to get an offer but did not make it finally.
My leetcoding is not good enough. I am told design interviews went well.
I am enjoying leetcoding and refreshing CS stuff, but unfortunately work days, I hardly get any time. Also after a workday , I feel so down and miserable, my mental energy is completely drained.

Now I am considering quitting and doing CS self study (basically leetcoding) fulltime.
Financially, I will be able to manage fine if I dont get a job within a year. But will it be too risky? Will the gap in resume look too bad ?
Left alone I wont think so much, but my wife is scared. What do you guys think?

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TOP 38 Comments
  • E*Trade / Finance cbEV72
    Never quit before offer. Sun tzu.
    Jun 30 16
    • Facebook cuck
      Dude OP said he failed because his leetcode is not good enough. Wtf is wrong with you guys?
      Jun 30
    • Oath Atinlay2
      OP also asked about quitting before he has another job. Which is a bad idea.
      Jun 30
    • Facebook cuck
      And why is it a bad idea? If OP can drastically improve his leetcode by quitting then I don't think it's a bad idea.
      Jun 30
    • Oath Atinlay2
      That’s what nights and weekends are for. The job you have is a paycheck you have. If OP is unemployed for a long period, that will also backfire.
      Jun 30
    • New / Eng JexD77
      Sun Tsu :) Epic.
      Yes, desperate ground is hard and powerful place to be in. :)
      Jun 30
  • Symantec
    jfexq

    Symantec

    BIO
    !
    jfexqmore
    When you say this... It scares a sh!+ Out of H1b desis. Are you on GC or a citizen? <= If this, I AM JEALOUS. Take a break detox your mind and sure learn something new. Use your knowledge, experience and new things that your learn to switch to a new career.

    This is a land of opportunities! America is Great!
    Jun 30 0
  • Microsoft / Eng
    yTyV60

    Microsoft Eng

    PRE
    Amazon
    yTyV60more
    Don't quit until you find a new job. Take 2 weeks off and prepare full-time maybe?
    Jun 30 2
    • New nFtz03
      OP
      I did that already once. So cannot again now. Two weeks not enough, I need about 3 months full time to feel really confident.
      Those two weeks I took off, I really enjoyed. Studied about 12-14 hours everyday, totally focussed. That's why I want to do that more.
      Jun 30
    • Microsoft / Eng
      yTyV60

      Microsoft Eng

      PRE
      Amazon
      yTyV60more
      Take a 1 month emergency leave in that case. 1 month full-time prep should suffice for leetcode as far as I know. Just my opinion, I am just recommending what I would do if I were you :)
      Jun 30
  • Amazon / Eng eztP64
    No. Don't quit without an offer unless your work environment is so toxic it is damaging your mental or physical health. Being bored is a horrible reason you'll regret if you can't find a job.
    Jun 30 2
    • New nFtz03
      OP
      Yes, it makes me feel miserable and I am finding it very difficult to motivate myself to do anything now.
      Jun 30
    • Amazon / Eng eztP64
      I mean, you do you, but realize that it's totally possible you'll leave and encounter problems finding a new job. If the idea of possibly being unemployed for months or years in a worst case scenario is okay, then go for it. Just know it's a gamble.

      If you really think you'll find a new job quick, take time off at work to focus on the job hunt without quitting.
      Jun 30
  • Interactive Brokers a7bsj
    I was in a similar situation last year so I quit and took a break for a year. After a year when I was looking for a job none of the tech companies I talked to were bothered with the gap on my resume. The only recruiters who asked me about the break were from traditional financial companies and I couldn’t care less about those companies.

    I think the only risk you have is that of recession otherwise you should be able to find a job in some tech company.
    Jun 30 3
    • E*Trade / Finance cbEV72
      The grass is greener in tech sector, isn’t it. A year worth of income is not something I’d recommend anyone. Can be hundreds of thousands
      Jun 30
    • New nFtz03
      OP
      That's heartening.
      Btw, how is the work at IBG? Also how is the TC there, I might have an interview coming up there.
      Jun 30
    • Interactive Brokers a7bsj
      So don’t recommend. Not sure why you are hurt, I have worked enough in this industry to know it’s not for me. If you love these companies stay there, no one’s asking you to leave.

      It’s a very difficult decision to quit without a new job lined up and I have been there. All I wanted to do was just share my experience so it’s another data point for the person to consider. At the end of the day it’s their decision.
      Jun 30
  • Amazon / Eng utu
    Burn the ships
    Jun 30 0
  • Facebook gb94Fs
    I did the same, though I found a new job much faster than I expected. But I did math and found out that doing nothing for 3 years and getting into FAANG would be more profitable than staying at a low paying company, that's why I wasn't afraid to leave.
    Also Google and FB will low-ball you anyway no matter if you are unemployed or work for a mediocre company, but a lowballed level 5 G/FB offer will still be better than what 99% of candidates earn.
    Jun 30 2
    • Uber / Eng fomo
      How long was your gap? How much time did you spend on leetcode and system design prep? I’m thinking about quitting and doing some personal projects/learning, leetcode and system design prep at the same time. I’m in a similar situation as op, not enough time and energy after a work day for studying
      Jul 1
    • Facebook gb94Fs
      I mentioned "much faster" because the gap was only a few weeks. In January I decided that I would leave in April no matter what, then I spent 3 months leetcoding 1 hour per day which wasn't enough to pass MS and Apple interviews. My system design was always good, but I was too slow to solve LC. Then I left my job in April, exactly as I promised myself. I remember I planned to rest for a few months, maybe play videogames. Then after a few months I planned to do leetcode 3-4 hours per day and try to create my own distributed systems in the cloud. But suddenly I got familiar leetcode questions on the interview and I started to work again in May.

      This somehow proves that my assumption was correct: if I somehow passed FB interviews with so little leetcoding, then several months of full time leetcoding would have increased my chances closer to 99%. There was nothing to afraid.
      Jul 2
  • Apple gbio14
    I think this is a no brainer, quit and use 1-3 months to study. If people ask about the gap say it was a sabbatical after 15+ years of working. You got tired and had lots of saved money to travel. Or relax. That’s the position of power that’s half true you can tell them. But if you do this you’ll need to apply to more companies and accept whatever you get, right?
    Jun 30 0
  • Amazon 103i3neif
    If you quit they will think you got fired
    Jun 30 0
  • New / Mgmt
    Microsoft.

    New Mgmt

    PRE
    IBM
    Microsoft.more
    Don't quite before securing new role
    Jun 30 0
  • IMS Health / IT
    iLoveLeet

    IMS Health IT

    PRE
    Cognizant
    BIO
    Software professional always looking for something better
    iLoveLeetmore
    IMO try not to show gap on resume. If you really want break, at least have some personal project on resume.
    Or you can try not to take much load of ofc work and try to study. Even I am going through same situation. Long working day and then study in evening and night.
    Don’t Give Up!! If you want to continue with work, just keep your focus on study.
    I am leetcoding and practicing interviews on pramp, staying in NJ. If you want we can connect for study as well. And I am looking job in NYC at Financial firm. If you are open, please refer me in your current organization 😊
    Jun 30 2
    • New nFtz03
      OP
      You dont want to work in this environment, trust me. Anyways, hiring freeze now.
      Jun 30
    • IMS Health / IT
      iLoveLeet

      IMS Health IT

      PRE
      Cognizant
      BIO
      Software professional always looking for something better
      iLoveLeetmore
      I think you are from MorganS***. 😅
      Jun 30

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