Tech IndustryMay 1, 2023
Goldman Sachs__grouch__

Will JPMorgan become tier 1?

With JPMorgan Chase now becoming even bigger than it used be (First republic Bank now under JP) will the bank gain monopoly soon enough? I guess its purchasing power will be unmatched in no time. Will it become a more coveted, safe haven for techies and then eventually tier 1? YOE: 12 TC: 235k

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GitHub เฐ•เฐพเฐฐเฑเฐฎเฐฟเฐ•เฑเฐกเฑ May 1, 2023

JP Morgan is a financial services company, so tech always takes a back seat .

Goldman Sachs __grouch__ OP May 1, 2023

Well yeah. But they are hiring AFAIK and itโ€™s relatively one of the most stable positions. With the recent bloodbath in tech (and continuing) perhaps a lot would seek this one out ?

Google ๐Ÿ’ฉ TL May 1, 2023

As long as you enjoy making ๐Ÿฅœ and being yelled at if you aren't in the office 3 days a week, sure. The benefits are also a solid step down from tech. They're hiring because they lost tons of people last year (before all the hiring slow downs, myself included) and are still scrambling to replace them. If you have no other options, then fine, take it. But I sure as hell don't think many tech folks are going to go there voluntarily. Well, maybe from Amazon because people are desperate to get out.