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Software developers can easily "export" (i.e., take remote jobs for foreign companies), and a cheaper pound makes them more attractive. I doubt many tech jobs w
by IsaacL 10y ago
Software developers can easily "export" (i.e., take remote jobs for foreign companies), and a cheaper pound makes them more attractive. I doubt many tech jobs will move to Berlin -- from what I've heard, despite the hype, London's tech scene is much bigger and more developed.
The big threat is from finance. Tech salaries are held up by the huge numbers of devs working for banks, and that would change if there's a major impact to the finance sector. Apparently the City is pretty robust, though, and Euro-related business is only a small amount of their activity.
- usgroup 10y ago> ... Euro-related business is only a small amount of their activity. I'd doubt this since the clearing of Euro denominated derivatives are done in London. > Software developers can easily "export" (i.e., take remote jobs for foreign companies)... I'm not sure about this simply because the salaries in London are so much larger than everywhere else in the UK. You'd think other regions would be able to export to London given the huge disparity but they don't. Are you sure this is true for other cities?