Heard Credit Suisse increased their base compensation in addition to the $20k stimmy. Were they under market before?

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Probably worried about a mass exodus following it’s large losses and reputational damage from the Archegos margin call melt down. Apparently, CS was hit much harder than Goldman ,JPM or Morgan Stanley.

Nope - it was announced before the Archegos incident

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Heard their bonus was below market lol

Their sponsors team is very legit though

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I heard from my head that there is a lot of slowdown in VW Germany... There is Hiring freeze, level freeze and all ... And soon that will spillover to india. So be prepared for very less hikes in coming cycle :( Also automotive sector in general is struggling with tesla laying off 10% workforce recently. Maybe time to make a move? What do you say fishes?

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I currently make 78k at Lockheed but I’m not doing what I’d like to be doing and i felt stuck and after many conversations with my manager and no solution in sight, I started applying elsewhere. I just recently got an offer from a smaller AI company for 95k that I plan to accept. I’m happy to make the jump, I just don’t know how my manager/coworkers will react when I tell them I’m leaving.

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