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Ask HN: Is the Job Market Actually Bad?

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11–20 of 232 posts

Re: Ask HN: Is the Job Market Actually Bad?

#11

"Bad" is relative. It can be more difficult in compressed markets where talent is either in surplus (read: SV, Dub, etc) or where there's a distinct lack of enterprises/startups/whatever providing the surface layer. Given some of the retraction of "warm feelings", esp. re: US contractors in other countries circa American imperialism these days, it can also have a chilling effect on localized markets. But, this is all…

> It can be more difficult in compressed markets where talent is either in surplus (read: SV, Dub, etc)

The Bay Area hiring market is extremely hot right now. Most of my peers who have been laid off and people I have laid off landed on their feet within weeks with Base+Bonus being comparable to big tech and some startups giving all-cash TC comparable to Netflix during it's peak.

Re: Ask HN: Is the Job Market Actually Bad?

#12

"Bad" is relative. It can be more difficult in compressed markets where talent is either in surplus (read: SV, Dub, etc) or where there's a distinct lack of enterprises/startups/whatever providing the surface layer. Given some of the retraction of "warm feelings", esp. re: US contractors in other countries circa American imperialism these days, it can also have a chilling effect on localized markets. But, this is all…

> Given some of the retraction of "warm feelings"

Why do you say this? Is this coming from personal experience, or anecdotally?

Re: Ask HN: Is the Job Market Actually Bad?

#13
There's no monolithic "Job Market", so specific details matter. I have not been tracking details too closely but here are two things I am tracking:

- CRUD generation by running through JIRA tickets and clearing backlogs seem to be replaced by agentic workflows. So if you were an extremely productive dev who would machete your way through CRUD and API integrations, agentic workflows do it better, faster and for cheaper. I can point CC, Codex (Cursor in progress) at design specifications and it can turn those into perfect Django apps with well written test cases like there's no tomorrow. It might not make sense for such a business to continue to hire humans to do the same work

- Tokens for frontier models over the API are really expensive. I am personally aware of some companies that have monthly high five figure token expenses and one company that has a monthly six five figure token expense.

It's still worth it because they are churning out code 24x7 vs a typical human's 8x5 if you're putting in the right workflows, guardrails in place - that's a 4x productivity gain.

You're getting done in a month, what a full quarter would require humans to do. However, the company still has to pay for that and unless they are signing up 4x more paying net new customers every month with 0 churn, engineers have to be let go to pay for those tokens.

Re: Ask HN: Is the Job Market Actually Bad?

#17
post #16

Totally depends on where you are and your past experience. Being in the US puts you at a huge advantage compared to just about anywhere. Maybe you're just lucky.

I have been wondering if my LinkedIn just happens to hit all of the right content somehow. I've been afraid to post or change anything just in case I upset some secret balance!

Re: Ask HN: Is the Job Market Actually Bad?

#19

It isn't. As someone who has made hiring and firing decisions at the Board level, the people who are the most severely affected were either (in no order): 1. Working remotely in North America but demanding Bay Area salaries without the chops to justify it. 2. Working in Western Europe (they complain more about stuff irrelevant to the business but shy away from business critical decision making when offered the opport…

Why do you even hire in Europe when the smartest people are in the Bay Area?
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