May 14, 2016
Point72 Response
10yThank you for taking the time to share your thoughts on the Firm.
We’re pleased that you thought Point72 was filled with smart people and was a vibrant, growing place, although were were surprised to see the Firm characterized as “a very high turnover place.”
Last year, less than 5 % of our staff left Cubist voluntarily or involuntarily. While some individual teams may have different turnover rates, we think it’s fair to characterize turnover here as very low compared to others in the industry.
Cubist makes an extraordinary effort to attract and retain our employees. We carefully select new hires and take time to understand what their personal and career goals are. We know that one of the key ingredients for building a successful research environment is long-term stability, which we support by offering our employees the opportunity to add to their skills and build a career our Firm.