September 17, 2008 at 18:08Startups enjoy stock crisis
In the financial field, a series of bankruptcies and layoffs is planned, but the IT industry can benefit from this. The main thing is to get to the point correctly. For example, now is the best time to recruit staff who would never have come to you at the time of complete economic prosperity. The Russians who worked there in the financial sector are returning from New York and London. In addition, similar mass layoffs are planned in Russia itself. The flow of unemployed highly qualified specialists is growing, which the IT sector cannot but rejoice at.
“Throw Wall Street, go to the startup” - a site with such an optimistic name was launched by the creative guys from the First Round Capital venture capital fund. The site has a list of open vacancies in interesting startups whose investors are the fund.
Who can be lured in the wake of the crisis? First of all, high-class economists and mathematicians. In addition, among independent traders there are a lot of qualified programmers and software developers who previously hoped to secure livelihoods by trading on the exchange, but now they doubt this idea. Many cool professionals are engaged in the development of specialized exchange software, including software for trading, data analysis, risk management. Most of them can work fine in other areas, such as SEO, SMO, semantic analysis, etc.
By the way, even the Vedomosti newspaper writes on the same topic in the article “The Benefits of the Crisis” :
The picture of the massive layoffs of American investment bankers involuntarily evokes the Russian events of 1998, when financial analysts, back office employees, public relations specialists and other employees not involved in the production of the main product were unemployed. Thanks to that crisis, for example, several prominent names appeared in journalism: former financiers managed to successfully realize themselves in a new profession.
Financiers, like 10 years ago, are visited by thoughts to temporarily retire - for example, do yoga or continue their education abroad.
Is the current financial crisis capable of changing the labor market in the same way as it did after August 1998? Then the transformation was global: the shock from the devaluation of the ruble lasted about six months. At this time, the country had the highest unemployment rate in history - 13.2%. But then it began to decline rapidly: domestic producers, who gained an advantage over imports due to the cheap ruble, began to actively increase their turnover. The demand for staff has risen sharply.
“Throw Wall Street, go to the startup” - a site with such an optimistic name was launched by the creative guys from the First Round Capital venture capital fund. The site has a list of open vacancies in interesting startups whose investors are the fund.
Who can be lured in the wake of the crisis? First of all, high-class economists and mathematicians. In addition, among independent traders there are a lot of qualified programmers and software developers who previously hoped to secure livelihoods by trading on the exchange, but now they doubt this idea. Many cool professionals are engaged in the development of specialized exchange software, including software for trading, data analysis, risk management. Most of them can work fine in other areas, such as SEO, SMO, semantic analysis, etc.
By the way, even the Vedomosti newspaper writes on the same topic in the article “The Benefits of the Crisis” :
The picture of the massive layoffs of American investment bankers involuntarily evokes the Russian events of 1998, when financial analysts, back office employees, public relations specialists and other employees not involved in the production of the main product were unemployed. Thanks to that crisis, for example, several prominent names appeared in journalism: former financiers managed to successfully realize themselves in a new profession.
Financiers, like 10 years ago, are visited by thoughts to temporarily retire - for example, do yoga or continue their education abroad.
Is the current financial crisis capable of changing the labor market in the same way as it did after August 1998? Then the transformation was global: the shock from the devaluation of the ruble lasted about six months. At this time, the country had the highest unemployment rate in history - 13.2%. But then it began to decline rapidly: domestic producers, who gained an advantage over imports due to the cheap ruble, began to actively increase their turnover. The demand for staff has risen sharply.