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Does Wall Street going to absorb these people back or they might have to find another trades all together? How general the skills learned on the Sales and Trad
by kediz 7y ago
Does Wall Street going to absorb these people back or they might have to find another trades all together?
How general the skills learned on the Sales and Trading are?
- ohaideredevs 7y agoI very much doubt Wall Street will absorb them. The number of needed Finance jobs collapsed with automation. The only people getting analyst jobs are those with connections or an Ivy League background (and a top one with certs at that). The call center jobs are just being cut and/or the salary has been dropping rapidly since 2008.
- mocha_nate 7y agoCall center people are being cut out at both ends: 1. The type of people that would rather call than use an app are getting older and will eventually stop calling 2. The type of problems automation can solve is removing the need for a live person.
- kediz 7y agoSo those fired bankers will find themselves (un)gainfully unemployed for a long time... Do you know any career track that can use skills learned from Investment Bank(other than general salesman job)