Salaries for #blockchain engineers skyrockets despite plans of job cuts in the #financial markets
▻https://hackernoon.com/salaries-for-blockchain-engineers-skyrockets-despite-plans-of-job-cuts-i
The title may sound confusing, but the job market trends in the financial sector have begun to shift.In the next three months, Standard Chartered Bank plans to lay off 300 people from the Middle East and Africa division while JPMorgan Chase has already laid off 400 employees in the consumer mortgage division. Despite the negative sentiments in the broader market, Hired — San Francisco Recruitment Agency- states that the demand for blockchain engineer has increased by 400% since 2017.What is driving the demand?The demand for blockchain engineers derived from large companies such as Facebook, Amazon, IBM, and Microsoft. It would be a growing demand as more companies work on projects that utilise blockchain technology. CEO of Bank of America (BOA), Brian Moynihan told CNBC,“The adoption of (...)