Earlier quoted context omitted.
Sure, but an ex-FAANGer probably has a better shot at actually getting hired at another FAANG (when the job market improves) than someone who's only worked at no-name shops or local governments.
The implied logic behind that is "I know my company is a worse option than many of the other ones out there, so I'm going to only hire people who those other companies would not do business with." It's inherently a low self-esteem attitude. People leave, sometimes suddenly and without warning. The high self-esteem way to deal with it is to do your best to provide an attractive working environment, accept that some pe…
Heck, having someone sharp with a new perspective even for a year could significantly improve things for the better. If you get out of their way of course.