I wouldn't be going anywhere near banks at the moment. In terms of job security, they may not go out of business, but they are unlikely to be approving new work and will likely reduce their development departments.
If i don't have other job in my hands then i might accept this offer .BUT if i don't have some valid and appropriate reason to quit my current employer,i will surely make safe distance from job in banking sector.
I'm a contractor in London and the credit crunch has definitely affected the market here. A lot of Java contracts have dried up while many developers have flooded the market due to layoff (i.e. Lehman bros.).
It looks like the effects may be felt for some time to come. I would'nt be surprise if further budget cuts happen...
Joined: May 31, 2007
For some reason people aim to only bring out their �best� when it is absolutely necessary - DO YOUR BEST NOW to be visible and stay employed.
-- Some of my former colleagues are getting panicked and asking me how they can get their skills updated.
-- The staffs at the bank where I have been customer of for 8 years are more friendly and helpful than they used to be.