Wednesday, June 27, 2012

Working in Banking Tech -- what a waste

Revelation -- working in banking tech is a waste of effort.
Do you really get paid more ??  maybe a little, or maybe for some .. but nowadays banking profits are down so much that I doubt the margin is much these days (with 0 bonuses for many).

Lifestyle sucks (long hours, stuffy environment, demanding traders) and ultimately the banks have 0 real assets and IP.  When the bank has a bad year or two, it has to cut people -- there is no profit stream recurring from the milking of Windows XYZ, or Oracle ABC's newest version.   Hence banking is down and there are so many layoffs I can't imagine how anyone could feel secure.

Thus.. my last 6-7 yrs in banking has it been a waste of time?  Hmmm I ponder if I could ever go back to being a software developer at some place...  then again I was never that great a developer so maybe doesn't matter.  But is it too late, can I still break out of this, and would it make any sense to?

Nah probably not worth it.. best to just take my chances, I'm so far along down the river at this point.





No comments: