Both Google and Meta have reached out to me directly for an interview in the last week. When did this hiring freeze begin?
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?
#202The Google internal propaganda game must be crazy strong if the actual employees are believing random management explanations designed to keep people from panicking. The US just formally entered a recession, in within a week of the economic turmoil multiple companies freeze hiring...
I don't think it's propaganda.
Put yourself in place of a 30 year old who has only known a world where you're a highly in-demand whatever "in tech". You've never seen a day since you graduated where you're not flooded by recruiter emails. You've never worked a job that isn't 30 minutes of work and then the rest of the day is posting "day in the life of a FAANG employee" Tiktoks or being a paid activist.
What's coming is nearly unimaginable. At some level you know it's theoretically possible, but before your eyes even accept that reality you're going to go through some painful stages, beginning with denial.
I don't fault anyone, especially anyone who graduated in '10 or later for this. I just hope they are preparing for this.
Re: What’s going on with Google and Facebook hiring freezes?
#203Google has always recruited and interviewed independently of whether they actually have roles open that make sense for you. Earlier this year, I passed the interview and spent six weeks in "team match" before I gave up and took a role with another company. Had a friend who did the same for months for a PM role. Just bc you're getting contacted by Google recruiters this week or interviewing doesn't mean you'll ever fi…
A friend of mine spent ended up spending 9 months in the Google pipeline for a PM role. During the early phases of the cycle (1 month in) he received and accepted an offer at Capital One and joined as a PM. Spent 7 months at Capital One while still interviewing for Google, and then managed to get an offer and team placement. Surprised it took that long, but he's happy he stuck w the Google process.
I'm sorry, someone must have spiked my coffee this morning.
Am I reading this right? Your friend spent 9 months interviewing for a single job?
And then he decided that the company that had been trying to hire him for a pregnancy's worth of time was somewhere that he wanted to work after already having a job that hired him in a month?
Is this 'normal' for the Goog? If so, why am I not shorting this company?
No really, what did they put in my java today?
EDIT: Actually, yeah, someone put in some sort of super caffeinated beans today. Sorry for the somewhat manic posting here.
Re: What’s going on with Google and Facebook hiring freezes?
#204The Google internal propaganda game must be crazy strong if the actual employees are believing random management explanations designed to keep people from panicking. The US just formally entered a recession, in within a week of the economic turmoil multiple companies freeze hiring...
Aside from the debate about 'formally*' entering a recession - if you do abide by the strict two quarters of real GDP decline rule, the economy still added ~2 million jobs during those same two quarters and the economy grew at a nominal ~6%. I don't think we're quite to the "economic turmoil" phase of things.
Now subtract the deficit spending including the stimulus package from that nominal 6% growth.
Re: What’s going on with Google and Facebook hiring freezes?
#205Interesting and well written article supported by factual data. I wonder if this is a temp thing, or if it is another early warning that regression is coming. Is a major regression coming?
Re: What’s going on with Google and Facebook hiring freezes?
#206Earlier quoted context omitted.
> negate a recession What do you think GDP actually measures? A hurricane that kills 1000 people increases GDP for instance.
Gross Domestic Product is not divided by population. GDP per capita is what you're referring to?
The aftermath of a large storm requires a lot of clean up. The clean up costs would be added the the GDP.
Re: What’s going on with Google and Facebook hiring freezes?
#207Earlier quoted context omitted.
Yes, the local market rate. Your bog-standard senior role clocks in at $65k, but that's something you can get around here without going through many hoops. From a company with such an infamously convoluted hiring process I would expect no less than $90k - apparently that's not the case here. Fancy Silicon Valley salaries are naturally out of the question. Highest number to date in my social circle was $150k/yr - a br…
I'm contracting remotely out of Poland and $150k-$170k is definitely doable, especially if you're willing to work for an US company (and adjust to their timezone a bit).
Yeah, I have a few friends who reached this level of compensation working remotely. It's a nice life - I can't say I'm not envious. I had to travel to Switzerland and deal with the costs of living there to have such a rate and the project was timeboxed.
Interestingly nowadays you don't need to work for a US client. Switzerland, Norway and Ireland(out of all places) offer similar salaries without the zombifying difference in time zones.
Re: What’s going on with Google and Facebook hiring freezes?
#208Earlier quoted context omitted.
> Strong labor numbers means wages would be increasing How can you equate these two? Couldn't strong labor numbers also be indicative of an economy in turmoil, forcing many people who no longer had to work back into a job to get by? I guess what I'm trying to say is, shouldn't we be taking a look at the data holistically instead of nabbing one good data point and using that to promote a narrative? Inflation, COL, rea…
That’s exactly right. Real wages are not keeping up with inflation. Inflation is confusing everyone who isn’t used to seeing it. It’s ludicrous to think we are not in a recession just because more people retired in the last few years due to COVID and exited the workforce to artificially keep the unemployment rate low. Participation in the workforce declined something like 10% - I don’t have the time find the exact nu…
> Real wages are not keeping up with inflation.
Nope? For most people Year/Year and also over the last quarter, real wages have gone up. It is only for the most highly compensated workers (top 10% or so) that wages have not kept up with pricing. [0]
Re: What’s going on with Google and Facebook hiring freezes?
#209Earlier quoted context omitted.
Nobody has updated the definition of recession, in the US this has always been determined by a comission - https://www.npr.org/2022/06/24/1107581150/recession-referees
You are 100% correct. The confusion in the public stems from the fact that the news media selectively reports on recession in different ways depending on which party is in power. They ignore your fact when one party is in power and they highlight the "2 quarters of no growth" rule of thumb instead. Then when their guy is in power they go out of their way to say "Akshually a recession isn't defined by that it is defin…
> Just a few examples: https://imgur.com/a/xbBzLIU
Well, its just 1 example because BBC and Reuters were only in your Imgur link with a timestamp saying in 2020 that it was a recession.
And in your only example the person (Ben White -- CNBC) explicitly call out a double digit decrease in their claim of recession. The current situation is not a double digit decrease so it's not hypocritical. Certainly somebody is going to be hypocritical in when they call a recession but Ben White's two comments you've quoted aren't.
Re: What’s going on with Google and Facebook hiring freezes?
#210Google has always recruited and interviewed independently of whether they actually have roles open that make sense for you. Earlier this year, I passed the interview and spent six weeks in "team match" before I gave up and took a role with another company. Had a friend who did the same for months for a PM role. Just bc you're getting contacted by Google recruiters this week or interviewing doesn't mean you'll ever fi…
Had a multi-month team matching phase followed by a 4-day exploding offer for ~50% below market and got blacklisted for a year or more when I didn't sign it. Great.
Not saying an exploding offer didn’t happen, but it is very uncommon.
The blacklisted for a year thing sounds like the normal Google, “Try again in a year” messaging that happens whenever someone doesn’t get an offer for failing interviews. Again, don’t know if that is what happened, but it hardly constitutes anything nefarious.