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Top financial jobs down 25% in AmsterdamTuesday 29 December 2009 Jobs in the most important parts of the financial services sector in Amsterdam have fallen by 25% since 2001, reports Tuesday’s Volkskrant. The number of jobs with banks, asset management firms and stock markets has decreased to 30,500 from over 39,000 nine years ago. The credit crisis accelerated the downward trend last year, says the paper. The shrinking of the financial services sector is in contradiction to the Netherlands’ ambition to become a leading international financial centre. The country went down seven places to 31st position in international ratings this year, the Volkskrant points out. According to Ewald Engelen, financial geologist at Amsterdam University, the reduction in top level financial services jobs is the result of ‘structural factors’ and has the Netherlands has ‘little future’ in this sector, reports the paper. © DutchNews.nl
Totally agree...bring on Silicon Dam. Amsterdam has a long held tradition of harvesting top system designers / hackers and web nerdz. They need to build on this...The dam is such a creative mecca, the Government should look closely at building this into a proper coherrent strategy. Look at the permutations? Sub industries, offshoots...if the talent is given freedom to express, eg state television / radio / web / theatre etc...this city could become something very special indeed. I would like to try and do the same for The hague, but this time make the Hague a centre for music and drama. By M | December 30, 2009 3:49 PM
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The Netherlands has coasted for far too long on the financial sector. It's time to open things up to Techies from friendly Western countries outside the EU for more than just employment. If techies could come to the Netherlands and be able to easily freelance, work in employment and start small businesses with out red tape and restriction, the IT sector would grow quickly. What's the problem? Instead you've let people in that you don't want and complain about all the time. They come as big families and easily are able to dig in. Western techies on the other hand don't have a chance coming as singles or small families with numerous restrictions. Hello? Anybody home??
By Homer Jones | December 30, 2009 6:52 AM