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Looks like pretty much all high tech company's slowing the hiring. That usually indicates that in few months it would not be surprised to see stating the blood
by superkitty 4y ago
Looks like pretty much all high tech company's slowing the hiring. That usually indicates that in few months it would not be surprised to see stating the blood bath in tech companies.
- kwertyoowiyop 4y agoThe blood bath will be real when companies start filing for chapter 11 or being sold at distressed prices. Right now we are blood bath-adjacent.
- ushakov 4y agoblood bath is already happening interest rates raising, layoffs, entry level role hiring halt, etc. i’m launching a startup this year fearing it would end up underfunded
- daxfohl 4y agoI wonder if Microsoft will reconsider their pay bumps.
- pavlov 4y agoI think it's the opposite thinking at Microsoft: they see here an opportunity to change their reputation as "the forgotten FAANG", not even in the acronym because it doesn't pay as well as the SV companies.
- mc32 4y agoThe MAAGMATENN ms, aapl, adobe, goog, meta, amzn, twttr, eBay, netflx, nvidia. Ok that’s just forcing it.
- mr90210 4y agoAdobe? Yeah that’s forcing for sure.
- deleted 4y ago[deleted]
- killerdhmo 4y agoLook at the five year stock growth, dark horse among the tech companies for sure
- NineStarPoint 4y agoThe stock is good sure, but I always figured that FAANG was more about their reputation as employers than it was about their reputation as an investment.
- ricardou 4y agoI think it's the opposite actually. I remember FAANG being used as a reference to hot stocks. Investopedia seems to claim the same: https://www.investopedia.com/terms/f/faang-stocks.asp https://www.investopedia.com/terms/f/faang-stocks.asp
- kodah 4y agoPersonally speaking, I do not go to companies for clout but I'm also not interested in bragging to other engineers in the form of xGoog xUber etc I go for the stock price because those RSUs are my retirement plan.
- deleted 4y ago[deleted]
- Sohcahtoa82 4y agoI often forget eBay even exists.
- browningstreet 4y agoI know some people there who are payed very well and ride the shuttles from the same pick up spot the FAANG buses pick up from in SF, near Castro.
- zamadatix 4y agoDrop an A for an E and you could have MANAGEMENT, everyone already knows about the great pay there!
- ProAm 4y agoIt should already be FAAMG for a year or two now
- black_puppydog 4y agoI think you mean MAGMA
- jonny_eh 4y agoFacebook is Meta but Google isn't Alphabet?
- black_puppydog 4y agoFine, MAMMA it is then :)
- jonny_eh 4y agoWouldn't it be MAAMA?
- justinlloyd 4y agoJust hired a man, put the idea inside his head Pulled the trigger, now his career's dead. MAAMA! Funding had just begun, but now my crypto has gone and blown it all away.
- daxfohl 4y agoOr knowing Amazon, they'll probably revert theirs.
- caycep 4y agogranted, if I had large amounts of capital in the bank but competitors are laying off talent, I'd snap them up in a jiffy...
- kodah 4y agoI'm looking for a job right now and honestly the market is red hot. Total comp is higher than I've ever seen and I'm even getting the opportunity to pick my interview style (eg: opting out of leetcode style interviews). I'm really enjoying the change.
- moonshinefe 4y agoI'm going to be looking soon, any tips that've been working for you so far? What sites were you looking on? Were you requesting interview type up front or just applying to ones that mention it, etc.?
- kodah 4y agoYes! - hired.com is good for startups; startups are often matching salary and benefits with top engineering firms and don't do geopay. - (as usual) keyword optimize your resume and sync it with LinkedIn. A lot of managers, corporate recruiters, and third party recruiters are using LinkedIn search to find candidates. I use LinkedIn as a medium-quality queue. There is a strange rash of companies putting their total comp (and base pay) under NDA. I generally let recruiters know that I think it's important to be up front about compensation from the beginning and starting the conversation from a place that makes sense with my experience. Yes, I let recruiters know that if I have to do a leetcode interview then they go to the back of my queue (I can do them decently well; I'm just exhausted with them and don't see value). If they're project based or where they want to look at my GitHub then they go to the front. One thing that helps them meet in the middle is that I explain that I'm developing a short list of five companies and that I will knock all of those interviews out in one week and promise not to hedge offers against each other.
- moonshinefe 4y agoSweet, thanks for the tips!
- bhelkey 4y ago> There is a strange rash of companies putting their total comp (and base pay) under NDA. Which country do you live in? IANAL but I believe this is protected speech in the US [1]. [1] https://money.usnews.com/careers/articles/should-you-tell-your-co-workers-your-salary https://money.usnews.com/careers/articles/should-you-tell-yo...
- lm28469 4y agoimho it's the blowback of covid + the few years before. Companies hired based on temporary trends that could mostly be explained by covid. They scaled their team accordingly, now that people start to go out again they get less users/sales/engagement they have to scale back down.
- randomopining 4y agoYeah, I don’t see what is unhealthy about the underlying economy