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Ask HN: Is the job market brutal? or is it just me?

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Ask HN: Is the job market brutal? or is it just me?

#1
Former Apple/Facebook engineer, been leading engineering and product teams at startups the last few years. Have normally found a new job within a few weeks, but this time it has been 4 months.

Submitted 150 job applications last week. Got one interview with a recruiter. Had a few interview rounds over the last few months through old coworkers, they all lasted several months with long pauses - one still going 4 months in.

How is it going for everyone else searching right now? Is it just me?

Re: Ask HN: Is the job market brutal? or is it just me?

#2
I'm not looking right now but I have several friends that are. It's not just you. With so many layoffs there's a lot of folks looking all at once and a number of companies see this as a chance to get very experienced talent at a steep discount _or_ don't know where their headcount funding will be in six months to a year and are looking to hire very, very sparingly.

Reminds me very much of the Great Recession.

I hope things go well for you.

Re: Ask HN: Is the job market brutal? or is it just me?

#3
I went from getting 1-2 recruiters a day sending messages via LinkedIn (with my profile marked not looking) to 1-2 a week (some weeks 0). It seems as if companies across the board have just decided not to hire anyone while laying people off. We've laid off like a dozen people in our 50 person engineering team and we're building more than ever (the people still on the team are _tired_). We'll see how it all plays out over the next few months.

Re: Ask HN: Is the job market brutal? or is it just me?

#4
I know this probably isn't helping, but have you ever thought about building a startup?

This lull might be a good chance to launch something or find a scrappy team to join.

Hardly advice if your situation demands something more stable. I just wanted to speak to the possibility.

Re: Ask HN: Is the job market brutal? or is it just me?

#5
I've not been actively looking for a new role, but the number of inquiries in my LinkedIn inbox has dropped from 6–10 per month to 1–2. I think there is an overall slowdown in hiring, especially in FAANG, and given how many open positions they were hiring for, it's a significant drop that can be felt, especially in the Bay Area. I believe that with the recent news coming from Twitter and Facebook (cutting middle managers), there will be significantly fewer open positions in middle management roles.

Re: Ask HN: Is the job market brutal? or is it just me?

#6
Not just you. I would guess, optimistically, I’m averaging a 5% conversion rate of applications to recruiter chats/“stage 0 interviews”. That is, ~95% of applications yield silence or a generic email rejection without any human contact.

~15 YOE, FAANG experience, usually only applying to roles I feel I’m at least a halfway good fit for (i.e. not a complete scattergun approach).

I’m (financially) fine for now, which is very fortunate. I wasn’t even laid off - I quit voluntarily and took a sabbatical while the good times were rollin’. But since I started looking seriously again, it’s been hard to shake the sense of time disappearing with nothing to show for it. I’m better at Leetcode (ugh) than I’ve ever been, but so is everyone else, and with the slow drip of actual interviews, I only get to demonstrate it once or twice a month :)

ETA: A few of the recruiters I have talked with have mentioned that they’re getting hundreds of applications within hours of a posting going live. So there is likely a “lost in volume” effect as another commenter mentioned. In fact, for some of the roles where I thought I was a great fit but got a generic rejection without a recruiter call, I’ve had some eventual success simply reapplying for the same role, at least when the recruiting platform allows it (some don’t). For reasons of culture and upbringing, it took me a while to get comfortable not taking that initial, faceless “no” for an answer, but it has worked at least twice so far.

Re: Ask HN: Is the job market brutal? or is it just me?

#7
post #4

I know this probably isn't helping, but have you ever thought about building a startup? This lull might be a good chance to launch something or find a scrappy team to join. Hardly advice if your situation demands something more stable. I just wanted to speak to the possibility.

Four startups in. One break even, one still going (micro vc fund). Two failed.

Not sure if I’m up for it at this moment.

Re: Ask HN: Is the job market brutal? or is it just me?

#8
Well yeah, all the big companies have hiring freezes and there's currently a ton of talent looking out there.

Give it some time and investors will demand growth which can no longer come from cutting people, so they'll have to start actually growing their products and will need people for that.

Re: Ask HN: Is the job market brutal? or is it just me?

#9
150 resumes sounds like you're just shotgunning them out there willy nilly. Maybe take a more nuanced approach and work your network a little bit. Your network could even just be people you've worked with in the past who respect you and enjoyed working with you, doesn't need to be people you actively keep up with.

Re: Ask HN: Is the job market brutal? or is it just me?

#10
150 job applications in a week! Last time, my strategy was to send out one a day, but do a bunch of research about whether I would actually be good for that company, and also very specifically tailor the resume to the job. That worked pretty quickly for me, but as you say, it's a different market right now. Best of luck.
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