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by s3nnyy 3375 days ago
After Brexit everyone in Zurich thought that all FinTech startups would move from London to Frankfurt or maybe Zurich, since Switzerland has tight relationships with the EU.

This did not seem to happen.

Also, I haven't gotten more UK people asking me for tech jobs in Zurich compared to before Brexit. (I run a tech recruiting agency; happy to help people who want to move to Switzerland, you finde the recently released job-list here: https://coderfit.catsone.com/careers/ - job-descriptions are still WIP, please bear with us)

5 comments

> This did not seem to happen.

Slowly does it. It would not be fair to say that nothing is happening:

https://www.bloomberg.com/news/articles/2017-03-21/goldman-m...

The draft EU position has "no special deal for the City of London" which makes a lot of things moving out of London very likely.

https://www.theguardian.com/politics/2017/mar/29/first-eu-re...

The UK is a EU member, will full rights and full obligations. Now, and at least for the next two years.

Brexit has not yet happened, by a long stretch of imagination. A letter has been delivered, nothing more and nothing less.

Supply chains have not changed, work rights have not changed, residence and movement rights have not changed, trade costs have not changed, taxation rules have not changed.

The only real change up to now has been the depreciation of the pound. That would mean that less foreign applicants are interested in moving to the UK, but there is less of an argument about whether UK nationals are more interested in moving to the rEU, for two reasons:

- less mobility of UK citizens, because of low proficiency levels in foreign languages

- higher rates / salary in the UK, which still holds even after the devaluation of the pound.

You will not see big changes in a long time, even if Brexit turns out to be a game changer (for the better or worse)

Your ability to connect any recruitment related article discussing something local for anywhere in the world to your recruiting agency in Zurich is impressive:) I don't normally recognize people on HN without looking at the nickname but I know it's you all the time :)
Thank you! I honestly primarily try to add value.

Some people moved because of these posts, so I hope my outreach has a positive net impact on the HN community.

> I hope my outreach has a positive net impact on the HN community.

And of course on your wallet.

It's not so much actually. If you think recruiting is easy money, you are wrong.
I think that one major reason this did not happen so far is because the rest of the EU was hoping the UK would come to their senses and cancel their brexit ambition. Now that it is a fait accompli you can expect all these things to actually happen. Frankfurt has good chances, Amsterdam and Paris a bit less so, Switzerland does not have any better position than London so I fail to see why that would happen if there would be a reason to move. Whoever wants to be represented in Zurich is already there.
this is especially silly given the fact that switzerland isnt exactly part of the EU, either.