Tech IndustryMay 9, 2020
IndeedZhao Lee

Didn't hear cost cutting or layoffs from banks

Is it safe to find a job in banks or investment firms like Goldman, morgan stanley, jpmc etc? #career #tech #layoffs

Fortinet ftnt May 9, 2020

they make money when market is volatile

Indeed Zhao Lee OP May 9, 2020

Is that mean they are quiet safe to join during pandemic time?

Citibank OutofMem May 9, 2020

No layoffs so far. But it might change once everything is normal again. They just don’t want bad publicity right now

Anthem National May 9, 2020

BofA was one of the first companies to take the no-layoff pledge.

Yahoo 💰 king 👑 May 9, 2020

Depends. If the economic keeps going down for the next 2 years, banks are also risky.

Citibank sableye May 10, 2020

Us big banks tend to be well-capitalized for this kind of downturn. but, have heard that external hires are frozen and that there’s been a recent soft freeze for internal hiring as well, and almost certain it’s the same at our competitors.