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From my experience working at a large Investment Bank, the strong performers normally do keep up to date with new technology developments or have otherwise a strong base knowledge that allows them to pick up new things by themselves. The masses largely prefer to have a corporate job for as much pay as possible - this was the first workplace where I heard a number of people explicitly say they are only there for the money and in some cases actually want the redundancy packages.

In my view the good opportunity for other companies in these situations is that a number of stronger performers decide to leave by themselves when this happens, for multiple reasons - they are overworked because their teams are reduced, low morale, etc. These are the ones that are interesting to capture.




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