Does anybody know what's going on with Walmart Global Tech? A couple of weeks ago I was told I got great feedback and was moving on to the final step which was a call with a VP. Then silence for two or three weeks and no response when I email. Will they come back?
What’s going on with Google and Facebook hiring freezes?
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Re: What’s going on with Google and Facebook hiring freezes?
#42Re: What’s going on with Google and Facebook hiring freezes?
#43Freeze? Both me and my friend from a previous project were recently approached by G's recruiters in Poland. I wasn't pursuing new roles at the time, but my friend figured he'd try and found that the recruiter's calendar was filled up to the brim. He asked what's going on and she replied that she has KPI to fulfill and this is the result. He followed up with a question about compensation and got a number which was...…
When you say the compensation was very close to the current market rate, I assume you mean the market rate in Poland, correct? No fancy Silicon Valley salaries for devs in Poland, that is.
I left G in Ireland about 4 months ago for a fully remote position at a startup. Up until then, G's Polish salaries were low even by Western European standards (which is ~ >= 1/2 of SV pay).
Re: What’s going on with Google and Facebook hiring freezes?
#44Earlier quoted context omitted.
When you say the compensation was very close to the current market rate, I assume you mean the market rate in Poland, correct? No fancy Silicon Valley salaries for devs in Poland, that is.
Polish salaries are maybe not SV high but they are climbing. $100k USD/year plus for a contract engineer. Not cheap.
The number my friend got was considerably less than that. Very concerning.
Of course this is all hearsay. I don't know how real that figure is, but it's not particularly inspiring so I don't see why would anyone lie about it.
Re: What’s going on with Google and Facebook hiring freezes?
#45Freeze? Both me and my friend from a previous project were recently approached by G's recruiters in Poland. I wasn't pursuing new roles at the time, but my friend figured he'd try and found that the recruiter's calendar was filled up to the brim. He asked what's going on and she replied that she has KPI to fulfill and this is the result. He followed up with a question about compensation and got a number which was...…
Same here. Approached by FAANG.
Judging from my perspective as a manager of a large department, I never ever experienced such a thing as an hiring stop. It always translates into tighter processes for approval, that's all.
For example Finance laid off thousands of workers years ago - however they were hiring IT stuff.
After all, great staff is still the most important factor aka resource.
Re: What’s going on with Google and Facebook hiring freezes?
#46Freeze? Both me and my friend from a previous project were recently approached by G's recruiters in Poland. I wasn't pursuing new roles at the time, but my friend figured he'd try and found that the recruiter's calendar was filled up to the brim. He asked what's going on and she replied that she has KPI to fulfill and this is the result. He followed up with a question about compensation and got a number which was...…
We are indeed still conducting interviews (I had one just on Friday). Whether that transfers to actual offers extended during this time, I have no idea. What I can say we are absolutely not doing at this time is rescinding offers, even for new grads. There certainly have been some shifts over the past year or two to prioritize growth in cheaper markets (for lack of a better term) -- one manager I talked to mentioned…
"We" being...?
(Without country the anecdote is not meaningful in this context)
Re: What’s going on with Google and Facebook hiring freezes?
#47Does anybody know what's going on with Walmart Global Tech? A couple of weeks ago I was told I got great feedback and was moving on to the final step which was a call with a VP. Then silence for two or three weeks and no response when I email. Will they come back?
Walmart’s tech hiring is a complete and total shit show regardless of the economy. I wouldn’t be surprised if they never get back to you.
In fact (and you didn’t hear this from me), I’ve never witnessed a higher density of incompetence than when [SWIM] worked as a coder at their home office. Don’t work there if you want to maintain your sanity.
Re: What’s going on with Google and Facebook hiring freezes?
#48How can large companies with high turnover like Google and Facebook afford to stop hiring engineers? Do they downsize teams, shut down projects, or something else?
Re: What’s going on with Google and Facebook hiring freezes?
#49My hunch is that these companies are cargo-culting their strategies. The hiring freeze is as essentially a gut reaction. If one starts with layoffs, others will follow. The real problem is that companies of the Google scale will always need new engineers for particular projects and have a surplus for others. A global freeze or even layoffs simply don't fit.
The other side to this is that businesses tend to follow the leaders of the industry. So if engineer salaries were getting too high, they start a "freeze" which then cascades down to medium then small companies. However, the goal wasn't actually a freeze, it was to lower salaries, increase the pool of candidates and they can then find talent better. In a sense it is manipulation of the labor market and businesses that just follow the trends.
On the labor side, if talent is looking for work right now, they might accept less or even stay around longer during change in fear.
For VCs, this allows some time again for lowering investments, letting others play out and decreasing valuations.
While there is a slowdown and some macro market conditions, those are always exploited for companies looking to contain labor costs and increase availability.
There are some geopolitical elements going into it as well currently but in that case really it would make sense to hire more as the pools have shrunk due to division.
It is just another game really, there is no slow down or "freeze" there is a tightening, and the goal is constraining costs and increasing the pool of talent.
If I was in charge of hiring right now, I'd look at this current market as a huge time to increase hiring if you are set for multiple years. If a round is up soon, you might have to pull back. The "freeze" is a buy low moment of the market.
Re: What’s going on with Google and Facebook hiring freezes?
#50Earlier quoted context omitted.
When you say the compensation was very close to the current market rate, I assume you mean the market rate in Poland, correct? No fancy Silicon Valley salaries for devs in Poland, that is.
Polish salaries are maybe not SV high but they are climbing. $100k USD/year plus for a contract engineer. Not cheap.
Did you calculate in the weak Zloty into that sum?