Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Whatsapp/Signal/Telegram also available (Telegram: with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Have a confidential story, tip, or comment you’d like to share? Contact: the first instance. Make yourself visible to recruiters hiring for finance and technology jobs where boomers share the knowledge. "Some are very high quality." Hiring managers just need to be persuaded of that.Ĭlick here to create a profile on eFinancialCareers. " Over the last rolling six months there has been a massive influx of candidates," he says. As things stand, Friedman says you can still get shortlisted and interviewed for new roles, you just need to hustle even harder than before. In this case, it could be argued that cuts were indiscriminate and unrelated to performance. It might well be easier to find a new job if more people were laid off. "They will probably have one or two things progressing, but ideally firms don't want to hire folk who have been let go or are open to work," he tells us. Another headhunter, who works with senior banking technologists in London, said Goldman's ex-technologists are equally unlikely to see much demand for their skills. Senior technologists like Leon Chadwick, a site reliability engineer who joined from Google in 2018 and Simon Knowles, the former head of GS asset management engineering, are also on the market. Goldman Sachs' recent layoffs didn't just include senior investment bankers. One New York headhunter said clients think "there must have been a reason" why people were let go and are unwilling to consider them on that basis. "There are companies that have laid off entire teams and some were working on very interesting projects."Ī similar dynamic is afoot when it comes to investment banking roles.
50 and up have problems, 60 and up next to impossible to get a new position, and at some firms, 40 and up.įriedman acknowledges that this isn't always the case and describes the policy as "unfair." - A "hodge podge" of people have been let go, particularly from big tech firms, he says.
Another huge problem is that many of these firms won't hire older workers.
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