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Hello Fishes, I am Network Security L3 Engineer as well as SME having extensive experience with Palo Alto Networks NGFWs along with MS Azure Administration and Security and also holing experience on Imperva WAF and Blue Coat Proxy. I am an immediate joiner. Kindly reach out if my profile looks suitable. Credit Suisse Pune INDIA
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I have seen one post in this bowl itself where a one year old joiner at 3 years of experience has been told that his role will become redundant by September end . So, just don’t assume that if layoffs happen , it will happen only VP and above. It can happen at any level.
Join CS as there is no such issues in low cost location like India.Things will improve from here.
At this moment no one can tell you what’s going to happen even with 10% certainty. Work culture and technology wise CS is far better than most of the competitors.
Make your own call.
Don’t join at this moment, anything can happen. why to take risk if you have another offer. I joined few months back and I can sense the heat.
Rising Star
How much did they offered you?
Are you also joining CS in Nov or Existing employee?
Rising Star
Mostly they won't fire at your exp level and if someone is hiring there must be work for that position
Rising Star
Do u have any other offer?
I would say take it, unless you're a VP or above level candidate.
Conversation Starter
Mumbai or Pune location ?
My joining is also in the Nov
Bowl Leader
You can join no layoffs in india
You should definitely join, do not go by outside news, a company which is doing fine won’t pay you extra and a company in a bad phase won’t necessarily fire you.
CS is a good org, nothing will be impacting, the crisis is only for few areas, and will definitely improve soon.
CS's LAC ( loss absorbtion cost) is a 100 billion USD and we're just defaulting at a few billion dollars. There's no way CS is going anywhere in the near future. Yes I'd agree there's a lot of restructuring going on at the moment but with the great initiatives going on at the bank i only feel we'll return back nothing but stronger. So go ahead if you have a good offer cause CS is a great company to work for.
There is no doubt that CS is a great organisation. But as of now the priority of management is to make it profitable. There is one proposal yesterday by CS board to split investment bank and sell the most profitable division of CS to raise money. Yesterday share price of CS also fell down to 4.65 Swiss Francs. So, if any one has other good alternatives those can avoid joining. It will also create more opportunities for CS employees to move internally in case any specific divisions are impacted
https://m.economictimes.com/news/international/business/credit-suisse-considers-splitting-investment-bank-in-three/articleshow/94370058.cms
I am also joining in November
Conversation Starter
Which team and location ?