Busy all day, I didn't expect so many people to be interested in this topic!!! Recently, I have met many friends who graduated from universities, but I won't disclose which institution they are from. Those in the industry should know A department of a certain institution has laid off a large number of employees, and some people say it is due to internal strife and political struggle. The entire department has been handed over from top to bottom by the leadership, but I don't think this is the fundamental reason The institutional departments serve people like us who engage in arbitrage and quantification We people have nothing to do all day long, just researching zero interest leverage and low transaction fees on exchanges It would be best if I could freeload your high-level account for a few months. This so-called quantitative team is the least favored by exchanges Because the money earned by the exchange from us may not be enough to offset a few large investors But this department cannot be ignored. It belongs to the wife who accompanies you in starting a business. In her forties, she is old, faded, and her youth is gone. You love your mistress more, but due to financial reasons, she cannot be separated The fundamental reason for the centralized layoffs of departments in this institution, in my opinion, is to prepare for the bear market winter by cutting down departments that are not profitable and have high commissions first In addition, I have also heard that one of the top four companies (BD) has significantly reduced their salary and deducted their commission. I estimate that the remaining exchanges or departments that have not laid off employees may also take action next, which is a manifestation of the early stage of the bear market, preparing for the winter Speaking of some cold knowledge, bear market exchanges generally do not make profits, especially large ones that can attract thousands of people. It would be good if they could recoup their costs and support their teams. Additionally, please post a job posting. For those who have graduated and have previously worked in quantitative business development, major client departments, or institutions, please feel free to drop me and have me send your resume through the backend Collect sales! Basic salary of 40000 RMB (negotiable)+commission~! By the way, I met an A9 brother in the interview recently... his mother! What are you doing here? Wait until I have time... BTC