Switching Jobs in this Environment?
Given the uncertainty in CRE today, what would you think if someone said they were thinking of switching jobs right now?
If a firm says they have plans to expand despite the turbulence, is taking an offer today wise?
Curious to hear everyone’s thoughts
Layoffs are likely coming, so either batten down the hatches where you are, or secure something you think will be safer.
Otherwise, you might be unemployed and looking, which unfortunately is more difficult. The sad paradox is that job hunting while unemployed is harder than job hunting while employed - and obviously it’s way more stressful. Timelines are always drawn out which suck when you have bills piling up with no income. Hiring is your number one priority, but a busy firm prioritizes it’s regular operations.
It depends on the firm.
I would not join a small operator trying to start right now. Tough times for that.
I would join an established big shop where your pay is a rounding error.
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