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

Post by skinnymuch » Tue, Aug 02, 2022, 9:36 PM UTC

sbierwagen wrote: post #418

saagarjha wrote: post #388

Earlier quoted context omitted.

> 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 programme…

Post by bob29 » Tue, Aug 02, 2022, 9:38 PM UTC

maxfurman wrote: post #448

sbierwagen wrote: post #420

Earlier quoted context omitted.

>FAANG isn't really the right acronym as Microsoft at least is also in the mix Microsoft, Apple, Google, Amazon: MAGA

> Microsoft, Apple, Google, Amazon: MAGA Google, Apple, Microsoft, Meta, Amazon: GAMMA

Post by rightbyte » Tue, Aug 02, 2022, 9:39 PM UTC

onion2k wrote: post #26

ripper1138 wrote: post #9

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Inevitable. Working 2 hours a day while getting paid 300K+ is unsustainable. Most of the Googlers I know have been spending 20% of their time on Google and 80% on side projects for the past year now.

Working 2 hours a day while getting paid 300K+ is unsustainable. That's just not true though. If you can generate $50m of revenue by working 2 hours a day then you're brilliant at your job, and demanding you work more hours is idiotic. Put simply, there is no function that converts "salary / hours" into any useful measure of a person's output.

Post by dghlsakjg » Tue, Aug 02, 2022, 9:40 PM UTC

seabrookmx wrote: post #349

cmrdporcupine wrote: post #274

Earlier quoted context omitted.

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.

Canadian here, and this checks out. I think the reason this isn't more popular is that our talent pool is small enough that unless you already have a Canadian presence it's not really worth opening up a business unit/office/whatever here. Obviously some big players have done it (MS, Amazon, EA) but if you're a medium sized company it may not be worth it. I work for a US company but I'm a contractor for this reason. I…

Post by lamontcg » Tue, Aug 02, 2022, 9:40 PM UTC

nostromo wrote: post #490

lamontcg wrote: post #336

We're not in a recession. Yet. Google and Facebook are ahead of the curve and mostly using the headlines to shake things up internally right now. It does show that the billionaires are kind of enthusiastic though about the coming recession and economic pain being inflicted on the lower classes, and getting those uppity workers a bit more under control. They're not so worried about asset prices / stock prices / sales…

> We're not in a recession. Yet. We are by the most common definition: two quarters of negative GDP growth. Some folks in the US are weirdly insistent that recessions are defined by the NBER -- a self-appointed group of wonks at a private and secretive non-profit. But they're just one measure, and an arbitrary one at that.