It depends a lot on which streams you're casting in. At the seed/series A stage (one I'm most familiar with), any company that raised money this year or is cas

It depends a lot on which streams you're casting in. At the seed/series A stage (one I'm most familiar with), any company that raised money this year or is cash-flow positive is still hiring opportunistically. At Series B and beyond, it's really a function of the health and resilience of their business model. Within this bracket, there's fewer total jobs available, but the "median quality" of jobs is better than it's been in a long time: most companies that are hiring are good companies, so if you were to pick completely randomly between offers, you wouldn't be too bad off. Comp packages have not come down ($180-200kish cash basis for a "senior" engineer). For people who know how to analyze early-stage companies as a prospective engineering hire, this is paradoxically a great time to be looking. From my perspective, it seems like many ex-FAANG employees are seeking stable comp at late-stage growth companies (which may be a buyer beware situation...). I think the hiring there has gotten much more competitive, but I have less firsthand experience fishing those streams. My tackle box: laid off from Meta after <1 month of Bootcamp, 5ish YoE as a backend engineer. Meta would have been my first FAANG experience.