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I think Wall st sucked up most of the tech talent from NJ. Well over half the IT staff I've seen in the big banks and hedge funds live in NJ and commute in. I d
by rb808 9y ago
I think Wall st sucked up most of the tech talent from NJ. Well over half the IT staff I've seen in the big banks and hedge funds live in NJ and commute in. I dont think tech could compete salary wise, though is starting to change now. Also Virtually all the data centers for NYC banks are in NJ suburbs.
Other Scientists and business people moved into Pharma in the 80s & 90s - which is also not doing so well.
- throwawaymanbot 9y agoI know a lot of tech staff being made to relocate TO NJ. Due to Manhattan costs. This is a good thing for NJ.
- dredmorbius 9y agoThat's a really good point. Brain-drain is a significant factor in any race for intellectual talent, and if you can switch locales just by hopping on a different train, it makes the switching costs that much lower.