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What’s going on with Google and Facebook hiring freezes?

blog.interviewing.io

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Re: What’s going on with Google and Facebook hiring freezes?

#411

Earlier quoted context omitted.

You literally can go on indeed.com and check for "$250-500K/yr for a single developer". It. Does. Not. Exist. Yes there are a few at FAANG that do make this, but this isn't the current market.

LOL no one uses Indeed for compensation - the information is all wrong. At minimum you should be looking at levels.fyi. In my last job search which wasn't too long ago, I got several offers and not a single one was below $400k.

are these all onsite FAANG? Know of any good companies hiring remote (US) in that range? Here in LA we have most of the FAANGs, but I'd rather not drive three hours a day.

Re: What’s going on with Google and Facebook hiring freezes?

#413

Google 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…

In many ways, I prefer the Meta approach where they hire you and then you spend 6-10 weeks in bootcamp and working on different teams for a week each time and then the engineer gets to decide which team they want to join (rather than the hiring manager - if the position is open, they have to take you).

Re: What’s going on with Google and Facebook hiring freezes?

#414

Earlier quoted context omitted.

It's kind of insane that on the one hand we have folks playing lip service to "anyone can learn to code" and on the other, decent developers being so rare that to hire one you need to offer compensation equal to winning a minor lottery for just 2-4 years worth of work. I wonder how much more software would get written if it didn't cost $250-500K/yr for a single developer.

Hire Canadians. Currency conversion advantage. Same time zones. Same language. Mostly same culture. Very well educated. Cheaper health care benefits. And $150k USD is a generous compensation level, and $250USD is about what a Canadian Googler @ L4 gets paid. $100-$125k USD gets you reasonable non-senior talent.

It's what we ended up doing (indirectly through an acquisition). But it didn't end-up costing less in the long run. I'd say about a third of employees ended up coming to the Bay anyways during the first year.

Something you have to keep in mind is that there are two parallel markets over there: SV caliber developers and the rest. The former won't have any issue getting a job in the US (takes maybe a week for a talented engineer to get one). Therefore, comp has to be priced appropriately. The later can't -and likely won't ever be able to- secure a US visa, mostly due to skills (there's a reason they immigrated to Canada, it's way easier and the quotas are close to 10x per capita compared to the US). Some companies leverage this and have floors of international devs they park in Canada for a fraction of their US counterpart through a subsidiary.

Re: What’s going on with Google and Facebook hiring freezes?

#415
post #376
post #318

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Yeah, it's insane. When I turned down a Google offer because they did such a bad job of the post-interview process, my recruiter was _surprised_. All I could say was: why? what did you think would happen if you didn't find a team I actually could get excited about? (It was worse than that: I told the recruiter I was interested in roles in any location except the South Bay and Seattle's Eastside, and they came back an…

I didn't want to go this far into detail because it's embarrassing how much I put up with, but I actually let Google alter the direction of my life. When I was interviewing, my significant other was looking to go to grad school in either NYC or Cambridge. NYC was her preference, so I told the recruiter I preferred NYC or Boston and I did my on-site in NYC. After all my interviews, the recruiter told me that the NYC o…

Similar story here. My wife and I were living in NYC together and she was searching for PhD fellowships and I was searching for my next job. Our intersections were NYC, London, and Amsterdam, but between her fellowships and my offers we didn't find any great match. The google recruiter kept stringing me along and warning about a lack of space and offers with NYC based roles but I had tons of match offers in MTV. It was not reassuring at all to hear "well, you may find something in 6 months in NYC, but you may not, idk lol".

I ended up taking an offer in MTV and my wife went to Amsterdam. 1 year down, 1 more year to go. We're again going through the process of trying to find something that works for both of us between NYC, London, and Amsterdam.

Re: What’s going on with Google and Facebook hiring freezes?

#416
Both companies derive nearly 100% of their revenue from digital advertising. Digital advertising can be lucrative. It can also go away in a second. If there is a recession the first thing every company cuts is their ad budget. Facebook and Google are preparing for a recession. They probably have indications that one is coming. They can't wait for it because it is going to hit them first.

Re: What’s going on with Google and Facebook hiring freezes?

#417

Earlier quoted context omitted.

I think you have some misunderstanding, because it takes approximately one month to start vesting at Google (and Facebook) and at Google your equity is frontloaded. I'll happily tell you what the approximate compensation is by Google in Atlanta or NYC, because there's really no reason not to discuss those things.

Again... No the main point of my original post.

Idk, the rest of your post isn't any truer. The (major) companies don't use potential hires for free labor, they give them toy problems, and nobody reputable "catalogue[s] personal info and data from you interview to build an internal profile on you".

Re: What’s going on with Google and Facebook hiring freezes?

#418
post #334

Earlier quoted context omitted.

I work at Google so my perspective is to be biased, but that's not what I see. I work on infrastructure, and so a few years back, when I proposed a major project, I had to demonstrate how it would save *many* times the fully loaded cost of the engineers on the team, by reducing the Storage TCO for all of Google (for example). It was not enough for the project to "break even" --- the benefits had to do more than just…

> As a TL, I don't want to waste my precious approved headcount on people who just want to rest and vest, or people who believe in the crazy talk of only needing to work 30 minutes each day. And yet these people exist and get hired, even at Google. Perhaps not on your team, but they’re definitely there.

21% of Alphabet was hired this quarter.

>Alphabet, Google’s parent company, said its head count rose 21% in the second quarter of 2022 to 174,014 full-time employees from 144,056 the year prior. https://www.hcamag.com/us/specialization/corporate-wellness/...

SV talks the big talk about hiring the best of the best of the best, then hires 30 thousand people in three months. There probably aren't that many 10x programmers in the world.

Re: What’s going on with Google and Facebook hiring freezes?

#419

Earlier quoted context omitted.

You're projecting a very specific SV bubble. More than enough decent developers exist outside of it, willing to work for a fraction. It's the fat profits and the big boys' eagerness to poach talent that got us this far, which subsequently inflated the QoL in these tech hubs, in turn creating the current standard.

Yeah, on the other hand, I'm pretty sure that I or most silicon valley coders making 250k+ can singlehandedly outperform a dozen "decent developers" by pretty much any metric you can pick. I'm not saying we're smarter or innately better, but coding is a tradeskill and the masters of the trade are almost all here. I'm interested to see how much this changes over the next decade, though, since a lot of people have scat…

I seriously doubt that. Developing things is the same thing all around the globe. Just because you have worked five years building react apps in silicon valley (and from what I can tell, 250k total comp is reachable at that experience level) does not make you more skilled at building react apps than someone who also built react apps, say, in Barcelona. But you probably make 5 times as much, if not more. That's not because you are more skilled but because your company makes way more money, or is expected to make more money and thus gets funding from rich people. The company makes way more money because of a lot of reasons, e.g. like access to the enormous US single market which is way bigger and more homogenic than the EU single market, or any other market out there except for maybe the chinese one, as well as historic reasons that turned SV into the western world's digital innovation center, and thus turned a lot of funding attention into SV.

Re: What’s going on with Google and Facebook hiring freezes?

#420
post #234

Earlier quoted context omitted.

> And it's on the whole asphyxiating the industry. My understanding was that asphyxiating the industry was always the plan. For those who worked in industry pre-2008, one of the major drivers that allowed new startups to be so disruptive was that startups could very often compete with the then major tech companies on compensation. If there was a difference in pay, it was usually minor and could easily be made up for…

It's not just startups. If someone wants to and can get an offer from one of the richer big tech companies (FAANG isn't really the right acronym as Microsoft at least is also in the mix) and is just going to go with the best offer, just about no one is going to be able to compete--at least in the US. I've heard plenty of stories of companies not even trying to match offers.

>FAANG isn't really the right acronym as Microsoft at least is also in the mix

Microsoft, Apple, Google, Amazon: MAGA

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