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Minimise risk + you get pretty much no benefit from telling them where you are going
Imagine you tell your previous employer where you're going, word gets around (as it always does) and someone wants to sabotage you.
Agreed literally no point even if they seem happy or excited for you - no point. If you do, keep it broad. Will likely see it anyway through LinkedIn anyway but who gaf
Why would someone want to sabotage you? What kind of fucked up work culture do you cultivate in your company/market that this is even a scenario?
I'd imagine in a 100+ analyst class there's at least 1 person who doesn't like you. Not to forget seniors who may think you are terrible at your job. Doubt this actually happens but I wouldn't want anything to jeopardise an opportunity. Perhaps the RE realm really differs from IB.
As I said, it's minimizing risk.
I find it insane that a rational person in your working culture would waste their time to ruin someone's career for no good reason.
I'd be scared to shit on company time working in that sort of environment with that much toxicity in the air.
The fact that you would imagine, while it wouldn't even cross my mind, says so much about the culture if that sort of thing is a plausible scenario.
Is this some weird US thing? Nobody has any problems in Europe, specifically London. Why does the US always seem so overly competitive and aggressive for no good reason?
This is why I'm asking. I am British, work in London and only heard about this reading threads on WSO.
Don't worry about it here, I'm in London as well. People here don't waste their time with this sort of nonsense. I've never seen it both indirectly or directly in my own experiences.
New employers will often phone your old bosses anyway and ask for informal references. Why? Because we operate in such a small patch (geographically and also education) that everyone knows everyone, or knows someone through one degree of separation.
The biggest takeaway I have in this market is to never burn bridges (and that works both ways). We all operate in such a small patch that you'll end up bumping into your ex colleagues on the street, in the pub, on the tube. It's going to be awkward if they feel like you think they're so untrustworthy that you couldn't disclose something as innocent as your new employer. For all you know your new boss might be in the same social circle as your old boss/current colleagues and it's going to look odd if you're withholding information.
Maybe the US operates in a dog-eat-dog world manner, but that's not the vibe in Europe.
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