Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

Even with its stock market woes, Credit Suisse hiring is up 50%

1 year ago by Andrew Thompson in Markets

Even before the headwinds United States stocks ran into this week, Credit Suisse ($NYSE:CS) was already spiraling. As of today, the Swiss bank is down about 37% from its high last year, faring among the worst of the largest financial equities. That sector is also facing a tough year in general, as it almost entirely missed out on the gains of the recent bull market.

But the bank’s tanking stock price has hardly burdened its workforce, and is actually on something of a hiring tear. According to its careers website, the company is looking for about 50% more employees now than it was in the beginning of 2018. Recently, the number of openings crept past 1,500 positions.

And that’s not just to replace worker churn. Overall, the company is growing, having added a few thousand employees — and people who claim to work for the company on LinkedIn — in the past two years.

By and large, hiring is happening outside of the U.S. On October 26, the top ten hiring locations accounted for nearly all of the jobs listed on its website, or 1,339 total. Within that set, only 178 of those jobs are stateside.



Number of Jobs













United States

North Carolina


United Kingdom



United States

New York








Hong Kong

Hong Kong


The three biggest locations, comprising nearly half of all new hiring, are Credit Suisse’s Zurich headquarters, Pune, India, and Wroclaw, Poland. Its biggest investment in human capital stateside is in North Carolina, where it is looking for 102 employees across a variety of fields.

Namely, Credit Suisse is continuing to bolster its operations in Raleigh, as it continues to move jobs out of the expensive New York City into a cheaper market. Last year, it announced that 1,200 jobs would move South in an effort to save costs, a trend we've seen across several banks this year.

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

Andrew Thompson

Andrew Thompson is a freelance journalist. You can find him on Twitter at @asthompson.

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.