It has affected me, although I never lost my job and my employer has handled things comparatively well. Several great teammates were laid off and our comp increases have not kept up with inflation. I also get the sense that there are fewer opportunities out there which drives down perks and wages for the whole industry.
Ask HN: Has the tech recession affected you?
31–40 of 175 posts
Re: Ask HN: Has the tech recession affected you?
#32I tried to negotiate a verbal offer, swapping the signing bonus for base salary, ultimately moving base up not even 7%
and they didn't even counter and moved on. very established company too, a highly unusual practice according to every recruiter, article, AI rehash, and person I’ve told this to
I would say this is a symptom of the market. Employers flexing on the big pool
Re: Ask HN: Has the tech recession affected you?
#33I work in a technology that's great to work in but has a bad reputation in places like HN because of irrational bias, there's no recession and salaries are still going up. Glad it keeps the competition away.
I'm going to guess Palantir or Anduril. Or similar.
Honestly they have some really interesting-looking roles open. I've also heard great things about working at Anduril and not-so great things about working at Palantir.
Re: Ask HN: Has the tech recession affected you?
#34Sent a few hundred CVs last spring/summer, got maybe 5 interviews, got burnout and disgust at the modern tech hiring practice. Since then, with the help of a few sporadic clients, government help, and living like a pauper I decided to go all in in becoming an entrepreneur, instead of continuing my 17+ year career as a consultant or someone else's employee. Seems like stuff hasn't improved in the past 9 months. Not ha…
> got burnout and disgust at the modern tech hiring practice.
In my experience it's even worse outside of tech.
Because I really need a job I've just been applying to everything. Minimum wage: I don't care. In a way I'm actually looking forward to just show up, do my job, and go home, without stress.
But I get almost no response on those. And I actually spent MORE time for cover letters for those than the tech stuff. On tech I get a response (interview or rejection) for about 1 in 4. Outside of tech? About 1 in 30.
I guess "15 years CV as software dev, that guy is too smart for us" or something like that.
I keep reading about "labour shortages" for lots of low-skilled jobs... Hmkay...
Also not eligible for social security because I'm technically homeless (as in: renting "unofficially").
Might be properly homeless soon... No idea what I'll do.
I don't have a right to work in tech or a high salary, and fine, there's a downwards turn. No problem. But that I have no options beyond "burn all your savings and go homeless fuck you" has left me rather ... disappointed.
Anyway, what I'm trying to say is: it's not "tech hiring" that's the problem. It's just "hiring" or "companies" or whatever.
Re: Ask HN: Has the tech recession affected you?
#35>depths of a serious tech recession? Are we? Who wants to be hired? (2023) Oct: 547 Nov: 431 Dec: 461 ----- Who wants to be hired? (2022) Oct: 272 Nov: 307 Dec: 200
Aside: has anyone actually got value out of "Who wants to be hired?" Because when I posted a few months ago all I got was spam and nonsense. I haven't bothered posting since (well, I did this month).
Re: Ask HN: Has the tech recession affected you?
#36Fortunately, no. I work as a DoE contractor and that means my job is pretty much stable unless I intentionally try to get fired or if the federal government is insolvent (in which case we have a much bigger problem than just 1 random dude not having a job). I turned down an offer from a bulge bracket 2 years ago and I am glad I did because that company had its own little down sizing.
What is ”bulge bracket 2”?
Re: Ask HN: Has the tech recession affected you?
#37I was laid off (for the first time) 9 months ago, and I still haven't found a job.
I don't live near a major city. This wasn't a problem when remote work was the norm, or when I could wait for the right remote job to open up. But in the current environment it's a major headwind.
I'm also starting to get concerned about how employers will perceive this long of a job gap.
And the psychological aspect of this long of unemployment is no joke either.
Re: Ask HN: Has the tech recession affected you?
#38Keep in mind this thread is heavily affected by selection bias; Those who aren't affected have very little reason to contribute.
Re: Ask HN: Has the tech recession affected you?
#39I left a FAANG last year right before some massive layoffs for a smaller and more stable company. My income took a hair cut but my stress is much reduced.
I feel bad for everyone who didn't get lucky with the timing like I did.
Best wishes for the new year.
Re: Ask HN: Has the tech recession affected you?
#40I keep hearing whispering of an "AI boom" happening soon on HN but don't see in the real world. Has anyone seen signs either way?
In theory, we're expecting big things and putting big money to make it happen.
I am hoping to ride the wave. I'm doing far more than I am qualified because of LLM.