In the Sunday Times on the 2nd November, Iain Dey interviewed the credit-crunched high-flyers who are trying a new tack and starting new careers as teachers and gardeners
Below is the introduction to the article. Click on the link below to read the full piece.
Credit crunch brings career changes
In his career as a hedge fund manager Ed Venables apologised all too often to his wife, Kate, for missing important family occasions. But the 33-year-old had a very different excuse for disappearing on the day their second child came home from hospital. He had to attend a job interview - to become a teacher.
Venables is one of thousands of City professionals who are taking up other careers because of the destruction wrought by the credit crunch. The Centre for Economics and Business Research (CEBR) has warned that 62,000 financial jobs will be axed in London this year and next. City recruiters say they see a new humbleness in the former “masters of the universe†as they scour the shrinking job market.
Many are using the down-turn - and their redundancy cheques - as an opportunity to set up businesses or chase an alternative career. They are opting for work ranging from cake-making to plant-selling, from fine art to supplying kitchen equipment in Kenya.
http://www.timesonline.co.uk/tol/news/uk/article5062778.ece
