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Tell HN: Job interview canceled due to looming recession

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Re: Tell HN: Job interview canceled due to looming recession

#51

Post by fny »

jghn wrote: post #23
the_only_law wrote: post #19

Earlier quoted context omitted.

From the sound of it, my timing going back to school may just work out. Though I’m kinda curious if the affect is outsized mostly in the SV, VC pumped side of the tech industry. I work for what technically could be considered a tech startup but is backed by companies with heavy domain experience and traditional investment firms. As far as I’ve heard we’re still in a hiring storm.

What we saw in 2001 was a network effect. The artificially pumped up companies died. Then the B2Bs that they were paying also struggled and died. And then other companies that relied on those B2Bs had trouble. You're right that it will start with the obvious candidates, but we'll see if it goes on long/bad enough to have a broader impact.

It will... think of how many startups use AWS, Google Cloud, Tableau, Slack, or Microsoft products. Our industry is incestuous.

Re: Tell HN: Job interview canceled due to looming recession

#52

Post by hiq »

mysql wrote: post #49
tynpeddler wrote: post #21

I've had meta and microsoft cancel on me. I also went all the way through the interview loop at one company, received very positive feedback but was told that they had decided to close the position without filling it. There's definitely a pullback and it started about 2 months ago. Update: As of now, about half of the companies I've interviewed with at one level or another, have abruptly halted their process due to e…

Not sure about other places but MSFT recruitment just reached out to me today.

This is most likely very team-/location-dependent.

Re: Tell HN: Job interview canceled due to looming recession

#53

Post by bergenty »

bnt wrote: post #2

Their honesty should be applauded. Imagine they hired you and then had to fire you in 6 months. Keep in touch with the PM if you liked them and see how they perform in the next 12 months.

Isn’t that pretty great? Get paid for 6 months of relatively light ramp up time and then a few months worth of severance for some time off once fired?

Re: Tell HN: Job interview canceled due to looming recession

#54

Post by timClicks »

mysql wrote: post #49
tynpeddler wrote: post #21

I've had meta and microsoft cancel on me. I also went all the way through the interview loop at one company, received very positive feedback but was told that they had decided to close the position without filling it. There's definitely a pullback and it started about 2 months ago. Update: As of now, about half of the companies I've interviewed with at one level or another, have abruptly halted their process due to e…

Not sure about other places but MSFT recruitment just reached out to me today.

Just make sure that it's an internal recruiter seeking to fill an actual position, not someone on contract that's just fishing for applicants.

Re: Tell HN: Job interview canceled due to looming recession

#55

Post by ModernMech »

rzazueta wrote: post #43
jstx1 wrote: post #31

Earlier quoted context omitted.

The 2020 pandemic crash hardly counts - it was a quick blip and everything quickly rebounded to new highs (hiring, salaries, stock market etc).

I agree with the poster above this one - 2020 and now are basically one big event, but I still mark 2020 because it was the point when I finally decided enough was enough with this hiring BS these companies put us through. You spend weeks in in the interview process, meeting everyone and their cousin, taking dumb little tests and such, all so that, right near the end, they can say the job is no longer available becau…

> taking dumb little tests and such

I once had a company ask me to do a math test after I had already done their phone screen, coding interview, and day-long on-site interview. Like, they wanted to test my knowledge of trigonometry. That was 2018 but also the moment I decided I was done with that BS.

Re: Tell HN: Job interview canceled due to looming recession

#56

Post by jp57 »

> I wanna know if during recessions recruiting slows down even for big profitable companies.

Yes, and they might lay people off. Hiring slows generally (and unemployment rises) during recessions.

For example, I was at Amazon in 2008-9 and their attitude was: "We think we'll be alright, but we're not taking any chances, so departments should expect to make due with their current staff for a while." Once the freeze was lifted we started hiring like crazy.

Re: Tell HN: Job interview canceled due to looming recession

#57

Post by wiredfool »

FunnyBadger wrote: post #45
bnt wrote: post #2

Their honesty should be applauded. Imagine they hired you and then had to fire you in 6 months. Keep in touch with the PM if you liked them and see how they perform in the next 12 months.

In 6 months?? I can remember situations in the past where people were hired and then fired 2 weeks later because a contract was lost. Mostly in aerospace/defense industry.

The startup I was in in the first bust (2001) hired/relocated people 2 weeks before laying everyone off.

Re: Tell HN: Job interview canceled due to looming recession

#58

Post by thr0wawayf00 »

bergenty wrote: post #53
bnt wrote: post #2

Their honesty should be applauded. Imagine they hired you and then had to fire you in 6 months. Keep in touch with the PM if you liked them and see how they perform in the next 12 months.

Isn’t that pretty great? Get paid for 6 months of relatively light ramp up time and then a few months worth of severance for some time off once fired?

No thanks. Spending 6 months getting ramped up and finally productive only to be let go and have to start the search all over again sounds like my nightmare.

Re: Tell HN: Job interview canceled due to looming recession

#59

Post by no-dr-onboard »

bergenty wrote: post #53
bnt wrote: post #2

Their honesty should be applauded. Imagine they hired you and then had to fire you in 6 months. Keep in touch with the PM if you liked them and see how they perform in the next 12 months.

Isn’t that pretty great? Get paid for 6 months of relatively light ramp up time and then a few months worth of severance for some time off once fired?

Sounds like an egoist perspective, which is fine if that's your ideology.

I think most people would see this as a loss for the small firm (note that the firms size matters). The cost of an employee is pretty high for small shops and salary is just one of the line items that come with OP's employment. Additionally, severance is rarely offered in positions less than 1 yr, even then it's optional.

Re: Tell HN: Job interview canceled due to looming recession

#60

Post by bussierem »

Just to give you my own experience right now, I literally just accepted a new job yesterday after job hunting for 3-ish weeks. I had multiple job interviews, even more job interview requests.

I don't say this to brag, so I apologize if it comes off that way. I just wanted to give you what could be a cancelling-out anecdata point to your own experience. I wouldn't let it get you down too much. Keep hunting and keep applying, I doubt the recession will get to a point where NOBODY is hiring :)

If you need another job board resource, try out "Hired.com". Here's a referral link from me for it (full disclosure I benefit from you using this!):

[link redacted]

I found it to be an extremely effective tool for finding interviews, or I wouldn't recommend it.

I wish you all the luck possible on your hunt; Sometimes it's just that -- luck. Just keep perservering and don't be too proud to ask for help from anyone and everyone!

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